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ovaforty replied Jun 13, 2008usd/jpy weekly ended with a large bull candle. Moms finished quite bullish. But price is approaching a previous swing low (may 2005) support zone, where it stalled from november to january. I have placed a sell order there to try and catch a bounce ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008sure looks like it to me. I pm'ed you.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008I had posted earlier about a possible triple bottom on cable. I did not zoom out far enough. I see a quadruple bottom if she reaches that red horizontal trendline. Does anyone know what that would mean?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008if the current monthly candle finishes as bullish, then we will have a 3 crows pattern.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008I see bullishness for geppy to 212/213.50 area, but after that, I wont know until it gets there.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008this is exactly What i posted on my chart analysis.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008Let me try to clarify what I said about the monthly chart. Look at the monthly chart and notice that it has retraced less than the 38 fib. At this point there may be more downside again.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008I take no offense. It has not retraced up enough yet to be considered a change of the last downtrend. Notice I said this candle is not yet finished. I said it may or not be yet. What i am saying is that the downmove may or may not be over yet. we ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008I did a study 2 years ago and found an interesting pattern. I noticed trend changes for eur/usd occurred around certain holidays. easter and memorial day she lost her upward bias. Summertime range trade was prevalent then after labor day she changed ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008I was kinda surprised to see no profit taking ahead of the weekend. Monday will be interesting.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008good luck on your trade. I am buying above 211 and selling below 209 for now. I have limit orders stradding geppy's range.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008Sounds reasonable. What is the all time high for EJ?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008Geppy monthly tells a bit different story. As of this post we see 3 bull candles in a row, although the current candle is not complete. Moms are diverging and point in different directions, indicating a possible loss of steam. Current price is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008As of this moment bulls are in control of geppy until bears make their counter attack.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008Weekly Geppy shows a close above resistance of that green 250 sma. Bullish candle. Bullish moms all pointing up in agreement and above 100. Zigzag indicator shows 4th corrective up from 192. Wave 5 will take her down whenever that comes. She ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008TY for explaining that. I was wondering why you were holding a short position and not crying from the pain of the swap.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008Daily Geppy chart shows a nice flag pattern on the last 6 candles. This is a continuation of trend pattern.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008maybe not, but if it does I will own it.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jun 13, 2008I love a good range trade. it is fairly predictable until the break out.
Auslanco - GBP/JPY and GBP/USD (newstrade)