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- Mpt replied Mar 12, 2012
Why can't you understand this. The information you always copy and paste from Action forex is out of date already. It's a new day. Those levels are WRONG.
Daily GBP/JPY analysis
- Mpt replied Mar 12, 2012
A trend line from 101.4 though 95 comes in at 83.8 or so. Doubt it would mean reversal, but maybe a bounce.
USD/JPY Discussion
- Mpt replied Mar 12, 2012
GJ — While we will all know the outcome in a few hours, it is quite possible, as you point out, that subwave 5 will equal subwave 1 in length, possibly meaning a "failed 5" before a big drop. However, you can also argue that we are now in wave ...
Daily GBP/JPY analysis
- Mpt replied Mar 12, 2012
GJ — And a small addition with a TL that I missed earlier. image
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Mar 12, 2012
GBPJPY — Where I see the resistances and significant other levels on the short term way up (assuming it even gets to break back above 129) image
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Mar 11, 2012
As posted here the other day, there is a UJ TL coming from 101.3 ~ 95 that turns up again at about 83.9 ish. That might cap it for a retrace
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Mar 11, 2012
And it's formed a triangle image It's going to retrace after that triangle is broken to the upside, but the big question is ... how far?
Cable Update (GBPUSD)
- Mpt replied Mar 11, 2012
But it's sitting 20 pips above the 4hr 400SMA, which, in turn, is exactly at the lower trend line
Cable Update (GBPUSD)
- Mpt replied Mar 11, 2012
GJ — Hi Riko. Firstly, thanks for the vouch. I actually didn't realise until some weeks ago. Regarding GJ, yes there there is divergence. And the weekly is looking very stretched on the stochastic. But we've all seen the daily stochastic ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Mar 9, 2012
' It's not his trading with which i have any issue. I commend him for his abilities. What I do find offensive is the abuse and scorn of others, interspersed with profanities and inappropriate references to religion that may offend some traders from ...
Cable Update (GBPUSD)
- Mpt replied Mar 8, 2012
But, it did break to a new high. It's very over bought, as is GJ. But if it consolidates here, there may be enough in it to make another new high. Wait to see if it forms into a triangle or other such consolidation/continuation pattern on the lower ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Mar 8, 2012
I can't agree more. But, sadly they still keep turning up. As you have noted, I try to challenge them in a gentle/sarcastic way. I really don't get it and fully understand why you walked away when you did.
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Mar 8, 2012
UJ — Slightly off "topic", but the UJ trendline 101.4 ~95 arrives at about 83.7.
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Mar 8, 2012
GJ — Indeed. But, horrifying as it sounds, he may yet be right. Just a little out on the timing. As i see it, if it breaks much over 130.5, (and definitely 131.5) it may continue up. Failure to break those levels would probably end up in a ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Mar 8, 2012
Whilst you may only be commenting in a sarcastic manner, any decent wave analysis must provide alternate options. I, for one, appreciate his efforts to at least provide a considered analysis on such a regular basis.
Daily GBP/JPY analysis
- Mpt replied Mar 8, 2012
Seems to be a continuation pattern forming.
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)