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Scrat replied Apr 16, 2013you got it right. but just keep in mind, the trend can continue up even after you see decreasing volumes. ideally, for a valid reversal i would like to see a correlation between buying and selling volumes. for instance, in this case, smaller ...
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 16, 2013there's a big chance for an annoying rest of the week
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 16, 2013good question. bounced 350+ pips from the bottom in about 12 hours, and it's right at the last resistance. in fact, my signals already turned to bullish for h1 swing since 149.08, but i am not convinced yet. i will be if it pops significantly above ...
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 15, 2013yes, for now, but i will be watching more carefully. i jumped into another sell although i can see a break above major sessions range, first time in three days. it should be good to 148.35 and then i'll take it from there.
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 15, 2013increasing volumes when moving up, first time since upper 153, it's starting to become interesting. support is at 148.10 for now.
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 15, 2013hey Geppy... how about that 146.35 i was telling you two weeks ago when everybody and their mother were selling yen big time :nerd: am i cool or what.
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 15, 2013well well... what do you know, we broke below 149
i'm holding my shorts, i don't see any signs of weakness. just a bit of shy buying along the way (that was between upper-149 to mid-150) but selling is going strong. waiting for the right moment ...Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 15, 2013this is how things look at this very moment from my point of view. i will continue to keep my bias until i see a rally on high volume. we may reach mid 146, who knows. off topic - u-cad has an interesting configuration, it just went a bit over the ...
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 15, 2013big picture for now - no significant buying activity, while selling volumes are still high. i'd say this looks like a range before another bear rally, if things stay like that.
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 13, 2013my ares for tp are 146.30, but i will not completely close my shorts there. the next one on my list is 144.60, and if it makes it there i will unload completely. i explained earlier how i came up with these values, it has to do with weekly/monthly ...
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 13, 2013well i thought the rally lasted too long, so i jumped early because i used signals from much lower timeframes. but that's ok, i adjusted to the pace after beeing seesawed once and next time i sold i was on the right side.
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 12, 2013i just noticed... what happened to gold?!??
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 12, 2013completely agree with you. which makes it more puzzling. very interesting
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 12, 2013okay, let's pause for a moment - has anyone looked at the weekly chart? today's close made it very interesting considering we have been in an uptrend for about one year. wouldn't it be time to get a real pullback, just like this one? 133-136 in a ...
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 12, 2013forgive me for asking, but what were your reasons for taking that long? you don't have to give me an answer, but ask yourself and search for the right answer. the short term trend changed to the downside, and if you take longs without a solid ...
Geppy's Geppy Thread (GBP/JPY)
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Scrat replied Apr 12, 2013you need both in your indi folder. the template should do it. it's not fancy at all but it was easier to make a template than to explain.
Geppy's Geppy Thread (GBP/JPY)