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Dragon Riders GBP/JPY

  • #20,561
  • Aug 27, 2016 9:47pm Aug 27, 2016 9:47pm
Quoting GJscalper
{quote} Â So far you haven't provided anything useful. NOTHING more than stupid youtube videos. Post your charts or zip it.
Cindy the quality of the thread as diminished since your arrival. Your language has been dismal , your not helping in any way. . This isn't a Facebook or YouTube concert arena.
  • #20,562
  • Aug 27, 2016 9:50pm Aug 27, 2016 9:50pm
Quoting Pip-Miner
{quote} Cindy the quality of the thread as diminished since your arrival. Your language has been dismal , your not helping in any way. . This isn't a Facebook or YouTube concert arena.
HOW is it going bud? So people are forecasting a Gap down on GJ. What do you think?
@GJscalper I've turned a new leaf. No more trolling.
  • #20,563
  • Aug 27, 2016 9:56pm Aug 27, 2016 9:56pm
Quoting GJscalper
{quote} HOW is it going bud? So people are forecasting a Gap down on GJ. What do you think?
If it does gap up, im shorting to tp 133.20
  • #20,564
  • Aug 27, 2016 10:04pm Aug 27, 2016 10:04pm
@GJscalper, I don't care about your opinion cause as I said many times, I have SL without any problems so no worries. And I know you are noob so it is hard to understand for you that I am not guessing anything, it is all about education with analysis.
Nobody Knows the Next move!!
  • #20,565
  • Aug 27, 2016 10:18pm Aug 27, 2016 10:18pm
Quoting GJscalper
{quote} HOW is it going bud? So people are forecasting a Gap down on GJ. What do you think?
most likely up following renewed U.S. Strength .In Any case I dont trade gaps unless stuck in an overnight position. For the week I'm a bull , waiting for a pull back near 133.
  • #20,566
  • Aug 27, 2016 11:27pm Aug 27, 2016 11:27pm
After Yellen speech USD is replacing Yen as safe haven currency.
Kuroda speech confirms action on Yen. Summary:

Almost confirmed interest rate hike on USD==> USD Bullish
Almost confirmed tough action by Kuroda==> JPY Bearish
Rumors on GBP regarding Brexit no impact==> GBP sideways

So I would be long on GBP/JPY, USD/JPY; short on GBP/USD, GBP/CAD
  • #20,567
  • Aug 27, 2016 11:41pm Aug 27, 2016 11:41pm
Quoting PipMaxzz
After Yellen speech USD is replacing Yen as safe haven currency. Kuroda speech confirms action on Yen. Summary: Almost confirmed interest rate hike on USD==> USD Bullish Almost confirmed tough action by Kuroda==> JPY Bearish Rumors on GBP regarding Brexit no impact==> GBP sideways So I would be long on GBP/JPY, USD/JPY; short on GBP/USD, GBP/CAD
Nobody Knows the Next move!!
  • #20,568
  • Aug 28, 2016 12:26am Aug 28, 2016 12:26am
Quoting GJscalper
{quote} Â So far you haven't provided anything useful. NOTHING more than stupid youtube videos. Post your charts or zip it.
Gjscalper, so far you haven't provided anything useful. NOTHING more than stupid youtube videos. Post your charts or zip it.
Also it is true for you. Don't you think you must change?
  • #20,569
  • Aug 28, 2016 12:47am Aug 28, 2016 12:47am
Tim, what's your opinion on gbpgpy ? I know you use wave theory at a weekly level.
  • #20,570
  • Aug 28, 2016 12:49am Aug 28, 2016 12:49am
see another thread for trolling
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #20,571
  • Aug 28, 2016 2:07am Aug 28, 2016 2:07am
Quoting Pip-Miner
Tim, what's your opinion on gbpgpy ? I know you use wave theory at a weekly level.

cant post charts from my device , but we should be in a corrective c-wave up to around 140-143, IMHO

5 wave decline started August past year and ended 1st week of July

chart-structure on the weekly looks like a textbook Elliot-Wave-pattern
  • #20,572
  • Edited 4:55am Aug 28, 2016 2:42am | Edited 4:55am
Quoting Pip-Miner
Tim, what's your opinion on gbpgpy ? I know you use wave theory at a weekly level.
On weekly was AB, now C up. A flat ABC correction.
B was 5 weeks. But we don't have a good confirmation, that B was end.

EW Gbp/Jpy Daily.
I will buy on retracement. With precaution.

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  • #20,573
  • Edited 5:41am Aug 28, 2016 4:55am | Edited 5:41am
could be 100 is not easy
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #20,574
  • Aug 28, 2016 5:33am Aug 28, 2016 5:33am
I think due to news of Kruoda market will open with a gap and touch the channel resistance line very quickly and after that I will look for the sell but not for long term.
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Nobody Knows the Next move!!
  • #20,575
  • Aug 28, 2016 6:20am Aug 28, 2016 6:20am
Quoting PipMaxzz
After Yellen speech USD is replacing Yen as safe haven currency. Kuroda speech confirms action on Yen. Summary: Almost confirmed interest rate hike on USD==> USD Bullish Almost confirmed tough action by Kuroda==> JPY Bearish Rumors on GBP regarding Brexit no impact==> GBP sideways So I would be long on GBP/JPY, USD/JPY; short on GBP/USD, GBP/CAD
Hello PipMaxzz,
thanks for your view, I really appreciate it.
It is exactly what I am not able to do.
I am not able to have a global fundamental view.
Would you mind to explain why you should be short GBP/CAD.
many thanks
regards
valter
  • #20,576
  • Aug 28, 2016 6:34am Aug 28, 2016 6:34am
Quoting valter
{quote} Hello PipMaxzz, thanks for your view, I really appreciate it. It is exactly what I am not able to do. I am not able to have a global fundamental view. Would you mind to explain why you should be short GBP/CAD. many thanks regards valter
Thanks...we can work together
GBP is sideways to slightly bearish with Yellen quoting Brexit fears in her speech and that (Brexit) should have been the discussion point in Jackson hole.
CAD takes cue from USD as oil is trying to find direction. Hence I would take the pair GBP/CAD as bearish
  • #20,577
  • Aug 28, 2016 6:46am Aug 28, 2016 6:46am
as of now, short term trend has turned to the upside
135 could be the first weekly target
so dips and retracements could be buying opportunities
  • #20,578
  • Aug 28, 2016 8:45am Aug 28, 2016 8:45am
Quoting rocket00
/.......I will look for the sell but not for long term. {image}
I agree, some good analysis on this thread. There is broken back RD on the 4 hr and HD RSI on the day.
MXT could also be right about 135 target; just out of interest - does anyone else use the 200 EMA (currently at 134.78) so would expect price to breach/bounce off that?
  • #20,579
  • Aug 28, 2016 9:12am Aug 28, 2016 9:12am
Quoting rocket00
@GJscalper, I don't care about your opinion cause as I said many times, I have SL without any problems so no worries. And I know you are noob so it is hard to understand for you that I am not guessing anything, it is all about education with analysis.
Yeah you clearly use stop losses.

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@GJscalper I've turned a new leaf. No more trolling.
  • #20,580
  • Aug 28, 2016 9:14am Aug 28, 2016 9:14am
Quoting zeeshan14
my sell position is from 130.50 .what i do close the position or waiting for down?
We arent done with the down, 134.20 is going to be very toppy, we should get back into that 130.50 range this week.
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