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Dragon Riders GBP/JPY

  • #11,321
  • Jul 10, 2015 2:37pm Jul 10, 2015 2:37pm
Quoting Talzus
{quote} how do you add that ABC indicator?
Dyamic Trade
  • #11,322
  • Jul 10, 2015 2:37pm Jul 10, 2015 2:37pm
Quoting Talzus
{quote} how do you add that ABC indicator?
Dyamic Trader
  • #11,323
  • Jul 11, 2015 10:10am Jul 11, 2015 10:10am
Quoting ill_be_back
{quote} I think more DOWN
exactly my guess is GBP will down for 70-80 pips then will go UP
It is the dust where you came from & it is the dust where you shall return
  • #11,324
  • Jul 11, 2015 11:43pm Jul 11, 2015 11:43pm
what about the sunday open....oh man, I'm shakin....jack white...white stripes
  • #11,325
  • Jul 12, 2015 12:38am Jul 12, 2015 12:38am
​​Maybe wave 4 complete. Otherwise Wave 1 to the downside has ended and now wave 2 underway. Sterling Yen always tracks to the 138.2 extension but not necessarily above.
  • #11,326
  • Jul 12, 2015 3:16am Jul 12, 2015 3:16am
Quoting Dano12
everything is done correction movement with GBP USD {image} {image} {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbj.png Size: 42 KB
  • #11,327
  • Jul 13, 2015 12:16am Jul 13, 2015 12:16am
While I know the basics of Elliot Wave theory I don't understand the specifics and criteria required. Can some one please explain where the 4th and 5th wave is meant to target. I'm more a trend trader so not really interested in applying Elliot Waves to my analysis but want confirmation of my thoughts on this pair. Thanks to anyone who responds
Respect the inescapable certainity of Math
  • #11,328
  • Edited 4:30am Jul 13, 2015 3:47am | Edited 4:30am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_H1111.gif Size: 167 KB
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_H1.gif Size: 172 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 195 KB
  • #11,329
  • Jul 13, 2015 4:53am Jul 13, 2015 4:53am
Thank you Dano12
Respect the inescapable certainity of Math
  • #11,330
  • Jul 13, 2015 9:02am Jul 13, 2015 9:02am
A little flat this afternoon.

Great move this morning though which was nice.

What is everyone looking at today?
  • #11,331
  • Jul 13, 2015 11:29am Jul 13, 2015 11:29am
id love to put in a sell here but the only acceptable sl for me would be way too far away. that 4h chart dropped a gravestone doji in the mix
  • #11,332
  • Jul 13, 2015 12:27pm Jul 13, 2015 12:27pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_H4.gif Size: 171 KB
  • #11,333
  • Jul 13, 2015 8:41pm Jul 13, 2015 8:41pm
Nice up move previous week.
  • #11,334
  • Jul 14, 2015 2:57am Jul 14, 2015 2:57am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_H1.gif Size: 168 KB
  • #11,335
  • Jul 14, 2015 5:59am Jul 14, 2015 5:59am
What's happening? The pair gets 200 pips up suddenly!
  • #11,336
  • Jul 14, 2015 6:01am Jul 14, 2015 6:01am
Quoting andrern2000
What's happening? The pair gets 200 pips up suddenly!
BoE governer Carney hinted to increase the IR.
  • #11,337
  • Jul 14, 2015 6:05am Jul 14, 2015 6:05am
Quoting andrern2000
What's happening? The pair gets 200 pips up suddenly!
http://www.forexfactory.com/showthre...66#post8380866
  • #11,338
  • Jul 14, 2015 1:53pm Jul 14, 2015 1:53pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_H4.gif Size: 189 KB
  • #11,339
  • Jul 15, 2015 1:05am Jul 15, 2015 1:05am
it just moved to on the top of a support.....goin up I bet....cash money i'm talkin
  • #11,340
  • Jul 15, 2015 8:12am Jul 15, 2015 8:12am
On a sustained trade above 193.50, GBPJPY seems to aim towards retesting 195.40-50 resistance area, which if conquered paves way for continuing the upward trajectory towards its next major resistance near 198.40-50 area.
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