Thread: Discuss all about FX open

U/J next week!

[quote=ashokshetty;274070]

Originally Posted by Alizain

are you using minutely TF ?[/quote

I use hourly TF.

same with me, most i am using is 1h -TF, how about you ? and what is you most favourite indicator ?

Originally Posted by primarylogic

U/J next week!

yes i see if UJ general trend is up, but becarefull for FED cut rates expectation. So, we'll see next week :)

Originally Posted by primarylogic

U/J next week!

is it a some kind of forecast or just a speculation? What about this one?

Originally Posted by ptaczek

is it a some kind of forecast or just a speculation? What about this one?

when price near the trend line, we must wait for a long array MA or short array MA to decided long or short finally. We cant assume that it will reverse or it will breaks the trend line. The only thing we know is that when price near the trend line is an important point.

I am selling U/J :)

I do not think it can continue to go up....

Originally Posted by primarylogic

when price near the trend line, we must wait for a long array MA or short array MA to decided long or short finally. We cant assume that it will reverse or it will breaks the trend line. The only thing we know is that when price near the trend line is an important point.

Then your drawing is a little bit confusing. It shows only the bullish half of the possible scenario :)

btw: GBPJPY opened with about 50pips gap and no filling yet - it just shooted up shortly after market open. USDJPY atleast filled the gap and is also climbing. Maybe more bullish bias for USD?

Originally Posted by ptaczek

Then your drawing is a little bit confusing. It shows only the bullish half of the possible scenario :)

btw: GBPJPY opened with about 50pips gap and no filling yet - it just shooted up shortly after market open. USDJPY atleast filled the gap and is also climbing. Maybe more bullish bias for USD?

yes, i have short G/J, i think the gap can be filled.

Originally Posted by ptaczek

is it a some kind of forecast or just a speculation? What about this one?

i'm selling EJ this monday for few pips, cause i feel it will up after down, then up, then down again cause FED cut rates expectation.