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- trader8686 replied Jul 22, 2007
Try not to make jokes too much, new people may be misled.
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
I agreed with your consolidation, however I called it the retracement of a retracement. You may calculate it on your own, number is matched.
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
How are you so sure about it? It is coming down, now.
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
Does anybody think we may be able to hold this ground here at 248.5?
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
I say if we break this support level 248.55, then our next support is 247.68. Can anyone confirm it for us?
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
Can you share your settings here? Also, I have hard time to understand teh MACD. image Thanks.
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
Can anyone tell me what the MACD is for? thanks.
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
I add it, and saw that there is red line cross bars: So, when the red line goes above those bars is sell, and needs to be confirmed on 4h and 30m when entry. Am I right?
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
OrionsWay, Let me keep on this topic with you, since I have your stochs setting on my chart now, looking at the 5m chart (that's you use for entry): I guess it is better time to buy than sell. Right?
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
Really, did you say he stochs are not so much big deal? (just attached your setting and try)
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
Thanks, but I am not for scalpin purpose, just in order to enter the long/short trades. I figured out this indicator setting is so important, can affect your trading result big. Like now, i am looking at 5,3,3 vs 15,5,2 gives me totally different ...
Daily GBP/JPY analysis
- trader8686 replied Jul 22, 2007
Can anyone in the room share with me his Stochastic setting on 1h chart?
Daily GBP/JPY analysis
- trader8686 replied Jul 20, 2007
Thanks Timingy, when I am sitting before my computer, I usually don't set S/L.
Daily GBP/JPY analysis
- trader8686 replied Jul 20, 2007
God help me, I am stuck. Should have trust myself, earlier.
Daily GBP/JPY analysis