Thread: GBP and JPY Pairs H1 2013

The EURGBP momentum is slowing down i think

Originally Posted by sandpipper

Originally Posted by Sean Hyman

EUR/AUD looking a bit weak (don't forget about the upcoming EUR & GBP rate decisions out tomorrow).

Originally Posted by dhan1163

Good morning, Mr. Sean

What could "....EUR & GBP rate decisions out tomorrow." affect ?

Thanks

It could make the volume thinner between now and then due to a lack of institutional volume. Also, it could cause the EUR and GBP pairs to spike hard tomorrow after the announcements. So lots of uncertainty could be brewing between now and a bit after the announcement.

Closed longs @12640 as our S&P Top 1044 reached. waiting for to go short @ if the S&P starts going down

zion you talking about a local top or "the" top before the plunge? In which case the Eur/Usd is not heading any higher?

Originally Posted by Jmyrm

zion you talking about a local top or "the" top before the plunge? In which case the Eur/Usd is not heading any higher?

If s&p holds todays high euro is headed down

Originally Posted by engcomp

Here we have a signal of hidden bullish divergence, which is contradicted by many other signals.

Where could I look at your chart to see "a signal of hidden bullish divergence.." ?

Thanks

Possible rising wedge forming on the hourly could take a little while to work out, there is also a gap in market equlibrium(out of balance) that needs to be taking care of, if the rising wedge plays out, the market will fall to fill the gap imbetween the balance point gap

Originally Posted by zion

If s&p holds todays high euro is headed down

In the short-term (next a few of days) S&P 500 will return 1030.x

Thanks

Originally Posted by FLFOREX

Possible rising wedge forming on the hourly could take a little while to work out, there is also a gap in market equlibrium(out of balance) that needs to be taking care of, if the rising wedge plays out, the market will fall to fill the gap imbetween the balance point gap

Your chart is nice and interesting. A few of days ago (last thursday), I recoginzed the point that wiil be filled, and had a post in the forum ( I wrote E/U is going down to 1.22344 - you can check again). That also is the point of the symmetry that KUTERO have posted today.

PS: I'd like to learn your chart. How could I draw triangles and recognize gap in equilibrium ?

Thanks

Originally Posted by FLFOREX

Possible rising wedge forming on the hourly could take a little while to work out, there is also a gap in market equlibrium(out of balance) that needs to be taking care of, if the rising wedge plays out, the market will fall to fill the gap imbetween the balance point gap

Mike, are those J-Charts? or something else?

Originally Posted by Sean Hyman

Mike, are those J-Charts? or something else?

hey sean, my jcharts are offline as they are revamping the system, its a plugin for metatrader, and calculates the same theory, its a smoothed market profile plugin, and the different colors represent the 3 main sessions where price has travled during their session, yellow for ASIA, blue for EUROPE, Nd red for NA

Originally Posted by FLFOREX

hey sean, my jcharts are offline as they are revamping the system, its a plugin for metatrader, and calculates the same theory, its a smoothed market profile plugin, and the different colors represent the 3 main sessions where price has travled during their session, yellow for ASIA, blue for EUROPE, Nd red for NA

Interesting chart. Yeah, it reminds me of the old J-Charts. neat!

Originally Posted by KUTERO

Originally Posted by Sean Hyman

Interesting chart. Yeah, it reminds me of the old J-Charts. neat!

they sure do, though the jcharts are much more acurate as they feed from true tic data, not to mention target forcasting through balance point to balancepoint, or image point to balance point, i jush wish the charts were more reliable as far as availability, he has alot of problems with his servers and is working on upgrading the whole server network