Pretty obvious buy/sell positions whether you're a bull or bear. Cheers.
Luck shines on the positive.
- #55,142
- Jan 29, 2015 8:57pm Jan 29, 2015 8:57pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
{quote} highly doubt so when USD/JPY is pretty much still consolidated in range trading, should continue to hit low 117s before deciding on continuing the range or breaking down. Subsequently, if it bounces up, the resistance is still going to be high 118s and that will decide on range or break up. Pretty obvious buy/sell positions whether you're a bull or bear. Cheers.
"I know one thing, that I know nothing." Sokrates
- #55,144
- Edited 9:17pm Jan 29, 2015 9:02pm | Edited 9:17pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
No mate Daily is still up, broke 118,2 , New day just started and finishing week + month. flows in play. Yy, Stoch, Ema, I wanted to see that Harmonic pattern, I like em 
. FF accepts just certain types of images, for example not acceptimg *.bmp.
Edit: Anyway, seems PA decided just to crush all patterns and rangekill.
Edit: m5chart real bad, I cover n prepare for reload - m15 hold :/
Edit: Last one. Bb, good luck
, New day just started and finishing week + month. flows in play. Yy, Stoch, Ema, I wanted to see that Harmonic pattern, I like em . FF accepts just certain types of images, for example not acceptimg *.bmp.Edit: Anyway, seems PA decided just to crush all patterns and rangekill.
Edit: m5chart real bad, I cover n prepare for reload - m15 hold :/
Edit: Last one. Bb, good luck
"I know one thing, that I know nothing." Sokrates
- #55,147
- Jan 29, 2015 10:22pm Jan 29, 2015 10:22pm
- Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
Money is made by sitting, not trading. Jesse L. Livermore
- #55,148
- Jan 29, 2015 10:38pm Jan 29, 2015 10:38pm
on the way to develop a bearish engulf on my charts...and today is the last day...break down or range 116.90-118.90 ... {image} {image}[/quote
nice spot -- i never look at the monthly -- maybe now I will
thankx
nice spot -- i never look at the monthly -- maybe now I will
thankx
Learn THEN Unlearn
- #55,149
- Jan 29, 2015 10:48pm Jan 29, 2015 10:48pm
- Joined Apr 2014 | Status: Scalper / Swing Trader | 1,417 Posts
on the way to develop a bearish engulf on my charts...and today is the last day...break down or range 116.90-118.90 ... {image} {image}[/quote nice spot -- i never look at the monthly -- maybe now I will
Range? yes.
Reason: Look at all the news coming next week: BOE Carney, FOMC, GDP, etc. etc. The big guns will come out then, not now.
- #55,151
- Jan 29, 2015 10:59pm Jan 29, 2015 10:59pm
- Joined Apr 2014 | Status: Scalper / Swing Trader | 1,417 Posts
The big guns will come out then, not now. Yes and I would like some forewarning as to the likely direction
Unless you can sift through all of U.K. & U.S. financial statements, records, and current state, you couldn't even begin to guess. The one way to get 100% accuracy is to get connections to have the central banks spill the beans, but that's VERY rare, even for major financial institutions/funds. The FOMC takes near paranoid levels of security when it comes to their independence (from both the state and the private sector).
- #55,153
- Jan 29, 2015 11:57pm Jan 29, 2015 11:57pm
right now this pair is one of the choppiest, cant decide where to go. but soon this will breakout H1 shows many consolidation areas which price can go back and forth {image} H4 shows a wedge {image} Where ever this will go i will wait for a clear confirmed breakout before entering
Reaction is better than Prediction
- #55,155
- Jan 30, 2015 12:42am Jan 30, 2015 12:42am
still looks down for me,we open the day with rejected resistance around 118.4 and LO open below it and it seem might travel to daily S around 117.5
this wedge patterns often goes to the wrong side first
Reaction is better than Prediction
