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- Mpt replied Jun 17, 2011
GJ — Whilst GJ may have looked confusing, it was just busy drawing a picture. An ending diagonal triangle. Put simply, the end is nigh. image
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 16, 2011
Although I must admit that a couple of those EU people deserved what was said to them. Especially the muppet master. But hey, such is life. Hopefully the man from Burma will return soon!
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 16, 2011
Speed — Yes, but it's very hard to look past the probability that someone has a grudge to bear
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 16, 2011
Speed — Who the heck keeps doing that? And why?
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 15, 2011
Quite probably. As i reminded you, 130.76 is the weekly pivot, right above the 61.8 of this move down from 132.3 and it also sits near the top TL of my old diagonal triangle. Then again, GU still has 70 pips to run to that intersection and that ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 15, 2011
Yeah, they meet head on. I've viewed this as a bull flag for some time and am hoping it is the main driver to take GJ up. Even a retrace back to the top TL will get us into the 133's without any help from the yen at all.
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 15, 2011
GU — You better pray that the LTL(s) holds, otherwise your GJ long will become real short. image
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 14, 2011
BTW, people often talk hopefully about yen intervention. This link url takes you to the BOJ daily exchange rates page, and at the very bottom of each pdf page you can see the Yen index, a bit like a Trade Weighted Index. It appears that BOJ uses ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 14, 2011
Thanks for that. As far as GJ is concerned, we have to get through the 4 hr 200 EMA and 200 SMA that sit bang on the 50% fib level at 132.4 or so. The daily 200 is sitting just above the 61.8 level. From a wave perpective, this c wave correction ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 13, 2011
It's not Monday. Its Tuesday afternoon. Obviously too much bee(a)r
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 13, 2011
3 beers doesn't hurt. A bottle of wine definitely helps.
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 11, 2011
Yen — VinceS, you knew me in a different forum, where we spoke most days. I know you have not been on here for a while, but the BOJ uses the yen index (kind of like a TWI) and the daily updates are here. url Will send you a pm as well.
USD/JPY Discussion
- Mpt replied Jun 10, 2011
GJ — That triangle that we discussed yesterday was probably wave 5 of B (in an abcde mode) and we stopped just short of the 161.8 extension level. Could still extend, but I doubt it. Wave B will often "fakeout". 1 hr and 4 hr very over sold. ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 9, 2011
GJ — Here it is (I normally give a tidy chart, but tough luck). I honestly thought that others would think my rounding bottom viewpoint to be somewhat wacky, but in the previous one which terminated at 135 i saw trendlines being formed all the ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 9, 2011
"Gbp/Usd Buy 1.6325/30 then 1.6295/00 then 1.6245/50, sell 1.6470/75 then 1.6500/05 then 1.6555/60" WHY? "Gbp/Usd This pair moving sideways on daily chart, basing above 1.6420 is to high at 1.6550 while below 1.6400 would target 1.6320 first" WHY? ...
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 6, 2011
GJ — Wave B ending soon? Divergence now on several TF. image
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- Mpt replied Jun 3, 2011
Thankyou mate. I have entered that address. Will see if it helps.
GoMarkets Discussion
- Mpt replied Jun 3, 2011
I am sorry. I was obviously mistaken. There's no doubt whatsoever that you are 100% correct. It's great to know that someone out there is always on top of things.
GoMarkets Discussion
- Mpt replied Jun 3, 2011
Thank you for your comment, but I really dont think a trading lesson will fix this problem. Whilst your comments are noted, I refer to 15min, 1hr and 4hr charts. I was on 1hr when the problem occured. But then it matters little when the service has ...
GoMarkets Discussion