I understand, we each have our way of trading. But never forget to evolve and to adapt! I recently started looking at the weekly chart. Months ago even Daily chart was simply to much for me. But now I realize that price most of the time makes ...

GBP/JPY

There is another point on the left (Low) that can also be part of this Trendline.

GBP/JPY

I always ask a bit provocative questions, I hope you don't mind; What is your reason for exit the trade (this time).

GBP/JPY

Nope, Descending Trendline. It started as Support, then Price sliced through and when Price came back it become Resistance - now acting as Support.

GBP/JPY

Let's stay optimistic. Trendline is still holding, Price didn't take yesterday's bottom, Price is staying in range and made Higher High on Daily chart. As of now my bias is Bullish, but if price takes down yesterday's bottom, then Bears might take ...

GBP/JPY

What about the Trendline beneath it?

GBP/JPY

Would you say that if Price goes North beyond Friday's top that last two bars are not Bull trap?

GBP/JPY

I am sorry, I have no idea what fractals are and I don't use RSI so I can't comment on this

GBP/JPY

We will see For now there is no technical sign for short. However, if Price will fall below 124.47 and keep falling through 124.2 ... if we'll see 1H chart momentum decreasing then yes, further down is always possible. The Price behaviour after ...

GBP/JPY

My view... Anything can happen on Monday. I actually expect a gap up when market opens due to Friday night market news. Not to much but still a gap. Very likely is also a test of TL/124.5 area with Dynamic support in 20 EMA 4H, 153 EMA Daily and 20 ...

GBP/JPY

Interesting news: url Price slightly jumped up across the YEN pairs, then found some resistane and is now rising again across the YEN pairs. Do I understand correctly that with "The Japanese as a net buyer of foreign bonds" YEN's strength will ...

GBP/JPY

I like your indicator! Where can I get it? Is it free?

GBP/JPY

We can see on 4H chart that Price is ranging, but at the same time getting more volatile (bars are bigger). Last bar was Bullish Outside Bar/Bullish Pin Bar of the Trendline. Bulls are not giving up, they are just waiting for the EMAs to get closer. ...

GBP/JPY

4H chart making reverse Head and shoulders, whoever is shorting should be very careful. Price stalls many time to wait for EMAs, they bring additional liquidity.

GBP/JPY

What do you recon about the fact that Price broke the Trendline? Market noise, test of TL?

GBP/JPY

So you are talking about correlation. But GBPUSD is still missing about 50 pips till Pivot zone, it is not there yet, and looking from far away it seems that it can brake that Pivot zone at 1.579, probably not today, but who knows what next week ...

GBP/JPY

Reason for short, please?

GBP/JPY

I disagree. From my perspective...Looking at the Weekly graph we recently had Double bottom, but second bottom was a Higher Low. In between them we had wave up, after those two bottoms we had Higher high again on the wave up. Then we had a low - a ...

GBP/JPY

There isn't NFP tomorrow, he quoted me from 14 days ago.

GBP/JPY

I am not sure why you quote me from 14 days ago?

GBP/JPY