Cesar, What did you base this on? Just curious and would like to be able to predict these mystical fixes you mention.

Daily GBP/JPY analysis

At 12:20 p.m. ET, the Dow Jones Industrial Average had added 111 points to hit 12,919, crossing its former intraday high of 12,838. Dow components Caterpillar and Honeywell added 26 and 12 points, respectively, to the Dow's gain today. The Nasdaq ...

Daily GBP/JPY analysis

Yep, me too up +37 pips.

Daily GBP/JPY analysis

Vitaliy, A couple of suggestions. First and foremost, do not trade against the trend which was and has been long. The Retracement we saw was only that, and fibos would have helped tell you where the currency would have retraced to. Draw fibos on ...

Daily GBP/JPY analysis

Falling asleep at the monitor

Daily GBP/JPY analysis

From cnbc news — The yen steadied on Friday after U.S. share prices managed to hold up despite sharp drops in other stock markets on worries about an overheating Chinese economy, calming fears of a massive unwinding of yen carry trades. The ...

Daily GBP/JPY analysis

So...what are your thoughts - longs or do we see downtime?

Daily GBP/JPY analysis

Thinking we will get a downward movement (look at 1 hour chart) and then perhaps a bounce up. I agree tommorrow may be a real mess.

Daily GBP/JPY analysis

got that one too, not moving either. Tune in tommorrow when we go through daily encounter with the GBP/JPY crosspair (episode entitled): AS THE STOMACH CHURNS

Daily GBP/JPY analysis

I'd like to give my MACD line on the 5 minute chart some CPR, it flatlined hours ago.

Daily GBP/JPY analysis

Actually, I've had a headache since yesterday.

Daily GBP/JPY analysis

Like that most recent terminology Looks like we're hitting the most recent move down retracement (50% fibo on the 1H) or reversal or whatever anyone wants to call it.

Daily GBP/JPY analysis

Cesar, fix?

Daily GBP/JPY analysis

You know I'm glad your on this thread (I mean that) I need a refresher course in terminology. Let me think about this. The original trend is long. The retracement is short. If it continues down it is still a retracement. If it bounces up then ...

Daily GBP/JPY analysis

Getting a bounce up now? Everyone what's your thoughts?

Daily GBP/JPY analysis

Ok, let me clarify. I am using the 1H chart and based my fibo on the most recent move up. My target as I mentioned earlier was 263.53 which was hit. This was the 61.8% fibo mark. Once it passed the 61.8% fibo and started heading towards the 100% ...

Daily GBP/JPY analysis

No, I think I was right last week. Bears are out. However, there is a long lengthy explanation that talks about misinterpreting those formations. A MACD should be included in the analysis, etc. etc., etc. And Now that it's broken the neckline well, ...

Daily GBP/JPY analysis

Reversal pattern, on this one, correct?

Daily GBP/JPY analysis

What will a surprise hike do for the geppy?

Daily GBP/JPY analysis