No i am sure GBP/YEN will test 200. This is also 61.8 fib on monthly chart. 
- #11,122
- Jun 2, 2015 4:15pm Jun 2, 2015 4:15pm
- Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
- #11,127
- Jun 3, 2015 9:53am Jun 3, 2015 9:53am
- Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
one could assign a small stop...yep but
that close above the line on that just one candle.....close after today will show a sign....a daily close means so much I read in other articles and I agree....it's that daily close....then ya end up having to wait up to three days...
it's kind of a pre-signal....saying ok get ready....and welcome round here!!
that close above the line on that just one candle.....close after today will show a sign....a daily close means so much I read in other articles and I agree....it's that daily close....then ya end up having to wait up to three days...
it's kind of a pre-signal....saying ok get ready....
and welcome round here!!
Price is ranging around 191 Big Round Number; however, daily pivot at 190.86 seems to be holding well. if daily pivot continues to hold, I guess we will probably see 191.8 or even 192 and above tonight. I have a bias that USD will strengthen tonight after news which will result a GJ bull run. I've personally entered long at 191 with a tight SL at 190.75... let's see what will happen in the next couple of hours 
- #11,133
- Jun 5, 2015 7:13am Jun 5, 2015 7:13am
Anyone for this? Just posted this in another thread, thought i'll share with you guys over here..more pips to all "MY take on the eurusd.. Overally the eurusd is still in bullish domain, but a retrace to gather more strength seems to be in progress albeit tentative atm. 1.1078 -1.1023 is where I would likely close the trade and start looking for bulls or re-evaluate. More pips to all." {image}
aye all ready in,
short from 1.12583.
wondering if I should hold for the news or get out with my 60%.
Might Scale out, to be safe
{quote} aye all ready in, short from 1.12583. wondering if I should hold for the news or get out with my 60%. Might Scale out, to be safe
- #11,140
- Jun 9, 2015 5:20am Jun 9, 2015 5:20am
Wow, this thread sure turned into a snooze fest! 
I'd like to say what's up to the few people that might still be lurking back when I posted, well, a while back. Been on a bit of a hiatus, but had to get my work schedule sorted out before I could get back into this biznass.
G/J is moving down IMO. If you're looking for a long, maybe try 189.500, and keep the TP tight. This pair's been overbought for a long time. If you're already short, hold on to it for like... forever, or at least a week. It's going to drop. I usually play the retracement off a daily move, so that area seems like a good spot to go against the grain. Asia was pretty tight, London moved early, so there's a decent chance that New York will move it the other way for a bit.
I'd like to say what's up to the few people that might still be lurking back when I posted, well, a while back. Been on a bit of a hiatus, but had to get my work schedule sorted out before I could get back into this biznass.
G/J is moving down IMO. If you're looking for a long, maybe try 189.500, and keep the TP tight. This pair's been overbought for a long time. If you're already short, hold on to it for like... forever, or at least a week. It's going to drop. I usually play the retracement off a daily move, so that area seems like a good spot to go against the grain. Asia was pretty tight, London moved early, so there's a decent chance that New York will move it the other way for a bit.