To this extent, speed, and timing? When the NY session is nearly done and the market close up shop in 2 hours? No. Doubtful. This movement IS unnatural. Look at the geppy-we rose 80 pips, and broke to the next resistance in 16 minutes. Pretty much ...

EURUSD

Pretty hefty movement up on GBP & USD pairs for no reason, and we're in the closing hours of the NY session. I suspect it's due to the hours prior to the news day on Friday. We've no prior hints on chart movements; they just suddenly jumped up, and ...

EURUSD

prices are weird right now. eur/usd just punched to 1.15 for no reason, and gbp/jpy is now at 180.10 (for no specific reason). They all happened in a matter of minutes. Taking shorts on both. Let's see the markets roll. I suspect it's the ...

Dragon Riders GBP/JPY

The likely low I expect for pullback is 178.50. Still a bit iffy as to if it'll hit 179/178.80. What numbers are you looking for? I expect at least 179.20.

Dragon Riders GBP/JPY

We'll see that number eventually. Currently in pullback mode.

Geppy's Geppy Thread (GBP/JPY)

The fact that the gbp/jpy's moving to the final resistance of the 4 hour descending triangle is a bit nerve-wracking. I wonder what'll happen tomorrow. Hoping for good US data, since that'll put us on the track to potentially back to 189. If US data ...

Dragon Riders GBP/JPY

Be on the lookout for possible pullbacks in preparation to move up. Otherwise, aim for the next 2 previous resistance on the 4 hour chart. That's my strategy, at least. I'm probably not going to hedge any positions on pre-NFP Friday.

Dragon Riders GBP/JPY

US News is positive (but not that as much as it could be, since trade balance is negative. Good for geppy, though), good chance of of moving to next resistance. However, we have a chance of a small pullback down to 179.20~178.80 before we get there.

Dragon Riders GBP/JPY

Took profit. We've hit the next key area. I expect a small pullback (possibly not depending on US data), followed by a pursuit to 180.20/00, as long as this bullish trend remains.

Dragon Riders GBP/JPY

We might see choppy action depending on how bad the US data is. If it's good, I expect 180.20/00. If its moderately bad, meh-still somewhat bullish based on current charts. If it's excessively bad, I'll just be on my couch, sipping coffee.

Dragon Riders GBP/JPY

Got it in one, Mpt. See you in 179.40/20.

Geppy's Geppy Thread (GBP/JPY)

Clear break....The market might just have a break to 179.40, dip down to 179~178.80 or something like that just to mess with me. Wouldn't be surprised. Hoping it won't happen, but not unexpected. And 179.05 area seems to be a rather annoying fib ...

Dragon Riders GBP/JPY

Probably a conflict with the bulls from yesterday clashing with the Greek news. Honestly, this took a lot longer than expected, considering we're intraday bullish for now. We maintain above 179, probably going to see 179.20~.40. If we maintain break ...

Dragon Riders GBP/JPY

Anyone having this issue? What will the next resistance be: 179.20, or 179.40? The yesterday's high (resistance on the hourly), or the technical fib point based on yesterday's movements? The pullback there should be 30-40pips (possibly more), so its ...

Dragon Riders GBP/JPY

All UK data is as expected, and maintained the same as previous months. We've a green light to test 179.20/00 right now, possibly 179.40 (a technical resistance based on yesterday's chart movements, but this may not be accurate as we had an outlier ...

Dragon Riders GBP/JPY

Go ahead if you want. I'm not. Maybe a small short at a fib point, but other than that, I'm waiting for higher marks. Unless, of course, the UK news turn out to be bad. Then I'll sit out.

Dragon Riders GBP/JPY

The U.k. is likely to keep its rates the same. Lowering the rates is unlikely it's at historic lows, while hiking it seems difficult given current inflation trend. So in all likelihood, it'll come down to the UK MPC rate statement. Anyone know WHEN ...

Dragon Riders GBP/JPY