Trend have changed temporarily again. Price action might be targeting 156.60 to 157'ish before turning south once more. The 157'ish number is not concrete if we test that area and if we keep going up be careful if you are still short.
- #16,421
- Edited 9:47pm Apr 18, 2016 9:36pm | Edited 9:47pm
- Joined Mar 2013 | Status: Trader | 6,512 Posts
- #16,422
- Apr 18, 2016 9:37pm Apr 18, 2016 9:37pm
- Joined Nov 2015 | Status: I'm hungry | 4,034 Posts
This is what id like to see play out. Obviously dont know if it will but if it does its what makes the most sense to me. Also could be some major pips in there if someone wants to try and bang that range out. {image}
. NZDJPY bullish now anyways , 157 looks like a good place
- #16,423
- Apr 18, 2016 9:43pm Apr 18, 2016 9:43pm
- Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
- #16,424
- Apr 18, 2016 9:49pm Apr 18, 2016 9:49pm
- Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
This is why i think there might be that range in play
UJ already rejected the lines once plus bearish divergence. It looks like it wants to consolidate to me somewhere between 108.5 and 108
Carney speaks in about 12 hours from now. I think that might give us enough time to work down in GJ and allow his talks to prop price back up to 157
UJ already rejected the lines once plus bearish divergence. It looks like it wants to consolidate to me somewhere between 108.5 and 108
Carney speaks in about 12 hours from now. I think that might give us enough time to work down in GJ and allow his talks to prop price back up to 157
- #16,426
- Apr 18, 2016 10:11pm Apr 18, 2016 10:11pm
Pretty bullish day for the geppy but letīs not forget the last 100+ pip move from 162.27 to 151.60. Strong bearish preassure and it looks very flaggy at this spot. Iīm short now given thereīs no GBP data comming out until wednesday. Self explanatory chart
- #16,429
- Apr 19, 2016 12:40am Apr 19, 2016 12:40am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote}Couple pips different due to feeds I'm sure. {image} Looking to see if we get a bounce here for adding/reloading. Daily chart. Somewhere at/near the 50% would be nice.
{image}
Ghost Rider - WWTBMD?
- #16,430
- Apr 19, 2016 12:52am Apr 19, 2016 12:52am
If we see 156.1/2 today or tomorrow I will consider a short, as long as it rejects that level Add: Love this one
- #16,433
- Apr 19, 2016 3:00am Apr 19, 2016 3:00am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
I have short @155.00 will it come close or fly from here...?Need a advice and support.
Ghost Rider - WWTBMD?
- #16,435
- Apr 19, 2016 3:19am Apr 19, 2016 3:19am
- | Joined Nov 2014 | Status: Trader | 1,140 Posts
{quote}Well, the good news is you're with the current major trend. The bad news is it could rise to 161.xx and still be within that trend. What it does at this level should point to what's more likely. But in general, allowing any position to run 100+ against you isn't very wise unless you're position trading weeks / months / years. Just saying.
- #16,436
- Apr 19, 2016 3:25am Apr 19, 2016 3:25am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Thank u........ but should I wait till BOE Gov Carney Speaks TODAY?
Plus, I don't much care what the talking heads have to say.
... The charts normally speak long before they do. Ghost Rider - WWTBMD?
- #16,437
- Apr 19, 2016 3:31am Apr 19, 2016 3:31am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
I have short @155.00 will it come close or fly from here...?
I suggest you trade demo with consistent profit for 1 year before trading.
- #16,438
- Apr 19, 2016 3:38am Apr 19, 2016 3:38am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Normally after price fills the gap the trend should resume. However, it kept going up after the gap is filled. So something smells fishy in the air at the moment.
.... Glad someone else noticed. I was looking around, thought it was me. Ghost Rider - WWTBMD?
- #16,439
- Apr 19, 2016 3:39am Apr 19, 2016 3:39am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} LOL agree ...
- #16,440
- Apr 19, 2016 3:40am Apr 19, 2016 3:40am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} agree
Ghost Rider - WWTBMD?