sound like you don’t trade it which is good because it’s a complete mofo.
i’m done for the day guys, good luck out there.
Cheers Modo, fair enough. 
Ahhh bias. I find it hard sometimes not to be too influenced by what I read etc, to be predictive in my analysis but not my execution. Trade what you see, not what you think right…
Anways, could be an interesting week leading up to and after g20.
True, I clearly still struggle with this.
I thought ucad might go down to 1.0030, but here is a cheeky long in case it doesn’t.
Sorry for the late post it happened quickly. Multiple convergences too, so maybe a close on neg 30 min candle close past D a better stop strategy than next XA fib.
Ok, now I really am calling it a day.
24 pips hehe, nothing to write home about but they all add up.
now i just need this stupid uj to rally.
Spotted another 1hr eurgbp x at .8210, a at 8381, b at 38% retrace. D looks like good resistance. Any thoughts on it?
EUR/USD 15 min charts. Unfortunately didn’t start drawing it until it had just begun to play out and I decided to stay on the sidelines. One for the stats maybe.
GBP/JPY 30 min charts. Possible Bearish Gartley / Bearish Butterfly forming.
Best convergence seems to be at the 0.786 / 1.000 levels.
This level also kind of corresponds with the 0.236 level on the daily charts of the decline from 163.079 - 126.72 which has more or less held for June.
Just taken a similar bullish bat setup on this pair, RRR ~1:2, nice convergences.
Also a nice bearish gartley on the u/cad.
This is about to hit, be careful if you take it, this technically isnt a valid pattern because x=d and 100% is the scale, not a fib #. Its more of a short term possition based on previous price action at that level.
Stopped out of my EURGBP, and re-entered on a crab. Even better RRR ~1:4, doesn’t mean it’ll work out but we’ll see… :rolleyes:
just got home and noticed this possible long ej
looks like uj might trade thru 90 (killing me), but i have a long signal at 89.90
oh man, this is how not to do it. got stopped out on my uj too which i had been building for a week.
this week has been horrible for me, starting with that gap monday, got it all back…and now this, down 1.3% for the week. who knows what tomorrow will bring, but i am pretty demoralised right now. will be a while before i trade uj again, the yen has me completely boxed. gnite,
For some reason I always get skunked when trying to trade uj too. Im to the point where I dont even trade that pair anymore. audjyp, and eurjyp are the only two crossed I trade regularly.
Did you close the trade as soon as the candle closed beneath your convergence…?
The GBP/USD 4 Hour chart pattern we posted up earlier is getting close enough. Another ~70 pips up and it’d be time to give it a go.
Wow, what a scary ride. I picked up 1 possition at .8210, and another at .820 for a big # play. stops for both at .8195. rode them both to .840
Convergence here in the same place on the daily and 30 min charts. . .
Trend line also hits this point on the daily.
Daily
30 Mins
Your thoughts???
Could well be Naughtypip. The 4 hour charts has a potential Gartley with a D a little higher. That 0.7230 - 0.7250 area is possibly going to be quite a resistance zone.
