Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. It did break out of the range yesterday and moved up considerably. Now it's in a daily resistance area and it's quite a strong one as well. If it doesn't break it and close above today, we could be seeing a reversal before the week ends. Let's see how this plays out later.
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Friday's slow choppy market was finished yesterday with my buy target almost hit by a pip. I'd call that a hit. Current daily price is in a very small range with wicks up and down which leads me to believe that this pair is currently undecided. If it breaks out of this...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Yesterday's bulls lost steam during the NY session and ended the daily candle bearish. Is it the end of the bulls for this week? There is still a very strong support at 133.950 area and it's been hours since the candles are sitting there but couldn't break. Let's see...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Looks like this is going to be another bullish week. I am looking at bulls in control at least until 135.300 area. It has already moved up since Asian session. Let's see how low the pullback will be if there any at all.
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Well, yesterday was a good one. I thought it wouldn't go up anymore considering the huge bearish move from pre-London. Turns out it was only waiting for US market to open before skyrocketing up. It is currently going down since Asian session and knowing how GJ moves. It...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Looks like GJ is back to normal now. Last week was stuck in a very tight range. It tried to move up, tried to move down, it can't make its mind. Right now though I can see it moving at least. It's back to its old self in the Asian session. Let's see if it moves the way...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Looks like the bears were quite busy while I was away. Been busy these past few days IRL and not much time to do the charts. Anyway, I am expecting this bearish move to continue today because the bulls could'nt quite get past 133.900 yesterday. It started to move...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. It was a slow move going down but it still hit my sell target. Too bad it did not break my buy zone as I was more inclined to buys yesterday. I am still slightly biased to longs in spite of the bearish move yesterday. However, if this thing does not show any bullish...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Looks like this is the new normal for GBPJPY, big Asian session moves and we're left with a big range to break out of later in the day but still, yesterday's range broke around US session and hit my buy target. I think this London session will all be a pullback for a...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. I'm putting this early here as the asian session might make similar moves as last week's thursday & friday. I did not post then because of the massive moves and I already had an entry in the asian session then. Right now though I am thinking this will respect an support...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Well, yesterday the buyers won. The sellers tried hard but ultimately gave up during US session. It looks like it could range but let's see if it continues to go up.
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. This one is quite early. I do not think there will be anymore support/resistance levels to wait for since price is inside a choppy area. All it needs is to break out of this range either up or down but I favor the bearish move slightly since it didn't close above...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. The same is happening here as with GBPJPY. The sellers are gaining control and I see bearish daily today. Let's see if it breaks out of range later.
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. I was out yesterday whole day so I was not able to post something. However, I thought it was okay too because I saw a range in yesterday's session which ultimately became bearish. Today I am expecting that bearish continuation as more sellers are coming in. Let's see if...
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly.
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. The bulls still have not given up yet. Drove price up in the NY session and slowly driving it up again in the Asian after a slight retrace. It looks like another bullish session today. Let's see how far it can go.
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. It looks like EU still has some juice for more bullish movement. How high though? I don't see any bearish sign yet. We will see later on if one appears. Green pips to everyone.
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly. Looks like the retrace is starting. It went down nicely during ng asian session. Let's see how low this can go. I am still seeing bulls trying to push price up. Maybe the bears are just waiting for the right moment to drop this pair hard. Ps. Trying to post this on...