That is a pair that I trade. I would love to hear how others supports we all could talk about and exchange this and also the fibs.
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That is a pair that I trade. I would love to hear how others supports we all could talk about and exchange this and also the fibs.
Nah, I said it looks like there's not much left except gravity and that I lack motives to keep it up there(there's nothing for it to stand on).Originally Posted by ;
It must have heard, it dropped 200 pips from the time of the posting of the chart
I trade GBPJPY doing this with reverse and stop systems. I have two systems. One is SR, another is not.
GBPJPY is a monster. I must trade it mechanically or else I would fail... I would get in and out too quickly and pulloff stupid mistakes. That's only part of me understanding who I am and adjusting my trading.
Not that this is prolly of any help just yet, but I believed I had to do an initial chart post somewhere
A solid scenario for this chart if a person is to ignore everything else would be: PB, triggered. Fell to tunnel top, bounced. More likely to sense gravity. May fall inside to retest the large red descending TL it broke out of before, this time lower, at about 191.
Then a bullish setup off of that.
An alternative might be a rise, but er, I don't see anything to lean against to kick off out of monthly?
Only a lot of leg.
This is all just long term thoughts so the chart might not be of much use to some. . .thought here'd be a nice place to think crazy thoughts publicly though
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Had to do a closeup, also.
Not sure about the wedgy bedgy, but it works aight and it's fun. Heck it was a pennant. Or some thing. Maybe the FE is away. Maybe it's all coincidence. It drew in nicely
Additionally the FE stuff I find intriguing.
Still can't find much stuff to make this one go up on the chart
Mayyyyyyyyyyyyyyyyyyyyyyyyyyyyybe a weekly IB break or something. . .but meh.
Could be I am only looking at it wrong.
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Or perhaps you got too much friggin' crap on your chart. I wan nat hit that chart in the face...Originally Posted by ;
So you're saying it could go down but then again, it may go up. Did I get that right?Originally Posted by ;
Merely to emphasize this again:
If one believes only singleminded then one will be surprised. I try to keep my head to alternative situations, therefore it might have sounded like it could do.Originally Posted by ;
This is one of my favorites to trade....carefully, really carefully!
The three months represented at the connected Daily chart show 10 transactions I chose, 9 paid out for me.
The vertical lines are the times that generated the sign; I opened on the beginning of the subsequent day.
Top window: Red = 5 EMA Close....Blue = 8 EMA Open
Lower window Red = 8 RSI ....Blue = 8 SMA
The remainder is self-explanatory I believe.
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