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08-13-2008, 09:53 AM
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#1 (permalink)
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Status: Senior Member
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GBP/JPY Technical Analysis
Salam,
Since nobody open this thread, so I decided to start this thread so everybody can share their knowledge and forecast about this cross pair. I hope all SIFU here can join and also posted their intraday analysis with me here everyday.
Until this moment, market still in strong bearish continuation either to complete subwave iii in white, yellow or magenta. Therefore please be extra careful if you are plan to make a bullish retracement entry. Advisable to wait a confirmation from BSTS 2 tf 4H for any retracement entry. But also be careful for any subwave iii extension scenario. Overall trend is Bearish, therefore please analyse your trading strategy and wait for a very good entry signal later. Good luck.
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The Following 2 Users Say Thank You to Jebatfx For This Useful Post:
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08-13-2008, 10:01 AM
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#2 (permalink)
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Status: Tauke FunFair
Join Date: Jul 2008
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Re: GBP/JPY Technical Analysis
Quote:
Originally Posted by Jebatfx
Salam,
Since nobody open this thread, so I decided to start this thread so everybody can share their knowledge and forecast about this cross pair. I hope all SIFU here can join and also posted their intraday analysis with me here everyday.
Until this moment, market still in strong bearish continuation either to complete subwave iii in white, yellow or magenta. Therefore please be extra careful if you are plan to make a bullish retracement entry. Advisable to wait a confirmation from BSTS 2 tf 4H for any retracement entry. But also be careful for any subwave iii extension scenario. Overall trend is Bearish, therefore please analyse your trading strategy and wait for a very good entry signal later. Good luck.
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This is cool bro, am holding GBPJPY since 207.80. Are you suggesting the market will be bearish for long time?
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08-13-2008, 10:11 AM
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#3 (permalink)
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Status: Senior Member
Join Date: Aug 2008
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Re: GBP/JPY Technical Analysis
its only an analysis, hope you also can post your analysis and strategy trading rather then asking where the market will going or when to buy and sell.
I hope all master sifu can share their intraday analysis with this pair.
Tq for inviting me.
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08-13-2008, 01:28 PM
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#4 (permalink)
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Status: Senior Member
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Re: GBP/JPY Technical Analysis
anyone think that the bearish continuation is due the sudden crash of the Japanese market and high inflation or it is just coincidence event??
__________________
"To accomplish great things, we must not only act, but also dream; not only plan, but also believe."
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08-14-2008, 01:36 AM
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#5 (permalink)
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Status: Senior Member
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Re: GBP/JPY Technical Analysis
Until this moment, market still in strong bearish continuation trend and I'm still looking for any sign of bullish retracement once subwave iii (yellow or magenta) is completed. Advisable to be wait for a very good retracement signal if you plan to make a retracement entry. Therefore please analyse all possible counts (white, yellow or magenta) and plan your next entry strategy. Please confirm it from BSTS later. Good luck.
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08-14-2008, 01:40 AM
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#6 (permalink)
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Status: Senior Member
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Re: GBP/JPY Technical Analysis
good analysis bro 
__________________
"To accomplish great things, we must not only act, but also dream; not only plan, but also believe."
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08-14-2008, 01:47 AM
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#7 (permalink)
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Status: Senior Member
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Re: GBP/JPY Technical Analysis
Btw, to dear admin of this forum,
I don't think its a good idea for you to entitle any members to as SIFU according to the numbers of their posted thread. You make less value in what SIFU supposed to be means. For me, SIFU really mean a lots and its a special title given to a special ppl.
Just my opinion.
p/s : Also, I'm not even a SIFU. I just a normal trader and I'm still learning everyday.
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08-14-2008, 05:37 AM
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#8 (permalink)
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Status: Tauke FunFair
Join Date: Jul 2008
Location: Surabaya, Kuala Lumpur, Jakarta
Posts: 10,698
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Thanked 46 Times in 30 Posts
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Re: GBP/JPY Technical Analysis
Quote:
Originally Posted by Jebatfx
Btw, to dear admin of this forum,
I don't think its a good idea for you to entitle any members to as SIFU according to the numbers of their posted thread. You make less value in what SIFU supposed to be means. For me, SIFU really mean a lots and its a special title given to a special ppl.
Just my opinion.
p/s : Also, I'm not even a SIFU. I just a normal trader and I'm still learning everyday.
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Thanks bro for your suggestion, Sifu for post ranked is just general sifu, means the one who get it by post, they share lots of things with members, every words is a lesson for everyone. We wil do special rank not rated by posts soon, for Truly Sifu.
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08-14-2008, 09:37 AM
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#9 (permalink)
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Status: Senior Member
Join Date: Aug 2008
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Re: GBP/JPY Technical Analysis
At this moment, I'm looking forward for a bullish retracement or corrective phase a,b,c (cyan or white) either to complete subwave iv (yellow) or major wave 4 (white) before expecting for another bearish continuation. Otherwise this scenario would be invalid if there is a further true breakout to the bearish continuation line 8 (magenta count). Please confirm any entry from BSTS later. Good luck.
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08-15-2008, 12:44 AM
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#10 (permalink)
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Status: Senior Member
Join Date: Aug 2008
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Re: GBP/JPY Technical Analysis
At this moment, I believed market in bullish retracement either to complete subwave iv (yellow) or wave 4 (white) before expecting for another bearish continuation either to complete subwave v in yellow or wave 5 in white. Otherwise we may see a bearish continuation to complete an extension subwave iii in magenta. Good luck.
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