- This topic has 323 replies, 20 voices, and was last updated 9 years, 11 months ago by
.
- Posts
BOE just crashed the GBP with their Inflation Report.
It’s a chance to trade the retracement, i.e. LONG, of at least 60%-70% of that move on GBPUSD, GBPNZD, GBPAUD, GBPJPY after price settle down.
G.
Watching
PipOn October 13, 2015 , GBPUSD M30, you can see almost the same patterm. It took about 7 hrs to start climbing back.
Let’s see this one…
G.
Just had a look and yes pattern similar and the movement almost the same, have had a look at the calendar (attached) to see what caused the move on the 13 oct but not sure what it was that caused the move then ? I guess it was memorable for you
Pip
skype : pipatronic
It will be interesting to compare the indicators and how they correlate between the two events once it has played out
pip
skype : pipatronic
Just had a look and yes pattern similar and the movement almost the same, have had a look at the calendar (attached) to see what caused the move on the 13 oct but not sure what it was that caused the move then ? I guess it was memorable for you
PipI have a program that tracks large moves, their size and time till retrace.
The reason for building such a program: I have no memory…
That one (13 Oct, 2015) was quite similiar in size but it was during active trading hours. Now it’s toward the sleepy Asian session, and NFP is coming…
In any case, I’m going to “heavy” trade this one on all 4 GBP pairs. It will be sloooow (as you can see in past trade) but who cares….
G.
Thanks G, that will give us all a little brain food
Okay this video NFP as it happened – lovely mover with the OBV
271K vs est 181Kvideo 41 NFP – appologies for my phone noise !!
skype : pipatronic
BOE just crashed the GBP with their Inflation Report. It’s a chance to trade the retracement, i.e. LONG, of at least 60%-70% of that move on GBPUSD, GBPNZD, GBPAUD, GBPJPY after price settle down. G.
We had a combined effect of both the BOE announcement AND the NFP, which mostly affect the USD & the correlated JPY .
GBPAUD & GBPNZD already fullfilled the 60% retracement LAW after large move, and a bit more.
Now waiting for the GBPUSD & GBPJPY to retrace to that level, at least.
I suspect that next week opening will be with a gap on both GBPUSD & GBPJPY.
G.
Thank you for posting those G, it will be interesting to see how those play out over the next week, the 60% retracement law is an interesting one which I will look out for and videofy it !!!
Just going to do a video follow up on NFP – next
Pip
skype : pipatronic
Thank you for posting those G, it will be interesting to see how those play out over the next week, the 60% retracement law is an interesting one which I will look out for and videofy it !!! Just going to do a video follow up on NFP – next Pip
Check the EURJPY after the news. Same thing…
G.
video 42 NFP follow up plus G’s GBP
Just to add the last chart GBPUSD retracement that has not yet played out, bear in mind the effect of the NFP effect on that chart (Friday)
skype : pipatronic
On Video #42 (NFP):
The solution was already given…
Draw a channel, PRIOR to the news, on Gadi_OBV and enter a Buy/Sell Stop order.
G.
GBPJPY joined his GBPAUD & GBPNZD friends and also reached the 60% target (+some).
It also opened the week with ~14 pips gap, as predicted.
Now we wait for the GBPUSD…
G.
GBPUSD been a bit stubborn, interesting as this pair had some extreme news last week pushing each other in opposite directions, will be interesting to see how this pair play out long term.
Pip
skype : pipatronic
GBPUSD been a bit stubborn, interesting as this pair had some extreme news last week pushing each other in opposite directions, will be interesting to see how this pair play out long term. Pip
It’s because of the NFP good news on the USD. It’s hard for the GBP to overcome that. but continue to watch…
G.
GBPUSD been a bit stubborn, interesting as this pair had some extreme news last week pushing each other in opposite directions, will be interesting to see how this pair play out long term. Pip
GBP reached the 60% (+some…) of the NFP move.
Now waiting for another up move to retrace to the total 60% move.
G.
Thought I would add a pretty picture GBPUSD
QUIZ – can anyone spot some divergence, smiley face for the winner
Pip
skype : pipatronic
The story is now complete
Okay now another, AUD big move on employment figures attached
Pip
skype : pipatronic
Thanks for this videos. Its loud and clear ;). Thanks for giving your time and knowledege.
I try to install Gady currencies v3.1 diff on AUXUSD but didnt work.
Is it possible to have AUX? and maybe have a video for gold?
Green pips to you and thanks again Pipatronic and Gg53
Thanks for this videos. Its loud and clear ;). Thanks for giving your time and knowledege. I try to install Gady currencies v3.1 diff on AUXUSD but didnt work. Is it possible to have AUX? and maybe have a video for gold?
Green pips to you and thanks again Pipatronic and Gg53Gadi_Currencies support only the 8 major currencies, i.e. USD, GBP, JPY, AUD, NZD, CHF, CAD, EUR.
That was the max buffers limitation of the previous MT4 versions at that time.
G.
The story is now complete Okay now another, AUD big move on employment figures attached Pip
Yeah… Now you know why I call it the “LAW” of big moves….
G.
Pip
Pip
271K vs est 181K
- You must be logged in to reply to this topic.