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[GVI Forex 2]

JP, back to 1.08 now… magic 20 level rues

Interesting dollar was being sold as stocks were backing off the high… something you point out when 1 + 1 doesn’t equal 2

[Belgrade Bobby]

Yes I got it from Jay – this is where the difference between our trading approaches comes to play.

For me, it is a Pattern that will decide next move ( I guess so far you have figured out when I say “pattern” I don’t mean those well known SHS, wedges and stuff )

For me most important right now is how the Bar will close/open

[Mtl JP]

Bobby 3:28 / 1.0820 is THE grand domain of Jay A/T’s qtn and suggestion about stops or no stops

[GVI Forex 2]

It took 4x to finaly run EURUSD stops above 1.08 (extends the pattern to 5 days in a row)

[Mtl JP]

1.0806+
ok kittens … time to take a side

[Belgrade Bobby]

EURUSD

Now this is a bit tricky job – to give an exact perspective on coming moves…

If in this 4h we see High printed 1.08000 or slightly above, next 4h will test 1.08200

So let’s see if it works 😀

[Mtl JP]

eurdlr 1.0794

sooooo … what is the esteemed view about 1.08 ?

[GVI Forex 2]

And stocks have popped higher… no news… Trump headlines seem to come later in the day

[GVI Forex 2]

JPY selling order apparently not done… keep an eye on GBPJPY )leading) and EURJPY

As one of our members wrote just now, out of my radar range.

[Mtl JP]

often, but not always, sets the trading atmosphere for me

[Mtl JP]

I am suspecting degenerate traders are around trying to game the options types’ 11am expiries

[Mtl JP]

dlr in demand into 10am fixing

[GVI Forex 2]

EURUSD: 3rd time replled just below 1.08

[GVI Forex 2]

US stocks  taking an early hit lower

[Belgrade Bobby]

Is DAX going for a deeper correction?

DAX – ger30

Supports: 22.400, 22.200 & 21.700

Resistances: 22.750, 22.900 & 23.050

Now It all comes down to 22.400 – holding or not

[GVI Forex 2]

GBPJPY DAILY CHART – BUY ORDER?

All we can do is guess by the price action what flow is driving the market.

In this regard, watch GBPJPY and whether it can hold 194.89.as buying has slowed

[GVI Forex 2]

GBPJPY DAILY CHART – BUY ORDER?

All we can do is guess by the price action what flow is driving the market.

In this regard, watch GBPJPY and whether it can hold 194.89.as buying has slowed

[Belgrade Bobby]

EURUSD 4h

Supports: 1.07850, 1.07700 & 1.07350

Resistances: 1.08000, 1.08200 & 1.08600

Next bar – has to stay above 1.07700 to test higher – 1.08200

For change of downtrend EUR has to reach above at least 1.08300

New Season – Episode 1 – Creating a bottom ??

[GVI Forex 2]

EURJPY 4 HOUR – HITS RESISTANCE

Hit a wall at 163.03… eased upward pressure on USDJPY (high 151.09… last 150.71)

Need to see further evidence on shorter time frame charts that the buy order is done.

[GVI Forex 2]

I was just asked how do you know there is a real money sell order in the JPY?

My reply:; It’s like a tug-of-war with the USD caught in the middle

When yiou see 2 currenies move in oppodite directions vs the USD, (e.g. buying EUR and GBP, selling JPY)you can assume there is “real money” buy or sell  order in the cross.

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