Wednesday, December 7, 2016

GBPUSD GBPJPY 7 Dec 2016

If I recall correctly it was Islander over at Forexfactory that put me onto the Frankie half hour reversal (half hour between Frankfurt and London open the yellow green lines) years ago. Thats the main start time that I look to get interested in GU/GJ.

3 bar reversal signals - Both pairs signaled buys 20 mins after Frankfurt open i.e. before the half hour. After that both tested the lows of their immediate range GU just below 1.2650 and GJ just above 144.50 and the 3 bar rev signaled sells GU off a multiple top and GJ a lower high.



Wednesday, November 30, 2016

GBPUSD, GBPJPY 30 November 2016

London Open (green line) both agreed with buy signals from the 3 bar reversal. See the white arrows up (arrows printed refer to previous closed candle).

The second day in a row where after London open GBPUSD signaled a sell (today 11am chart time) but GBPJPY did not agree. So no sale.

3 bar reversal again doing a great job of catching the higher lows and giving an alert.



Friday, November 25, 2016

GBPUSD/GBPJPY 25 November 2016

The 3 bar reversal doing a nice job of catching the lower highs and then the higher low (gbpusd). The white arrows refers to the close of previous candles.



Thursday, November 10, 2016

10 November 2016 off double bottoms

Back from an extended break.

Some good signals from the 3 bar reversal up off the double bottoms around Frankfurt open (yellow line). GU and GJ agreeing and nice move up.





Monday, June 6, 2016

GJ GU London open 6 June 2016

Lower high between Frankfurt and London opens never followed through. Then higher low for GJ after the 20lwma cross, GU agreeing, little/no upper wick on set up candles. Nicely caught by 3 bar reversal indicator 154 area give ot take 90 pips move up.

I have been sick for a few days and haven't traded. Did not get these either just starting to feel human again.



Tuesday, May 31, 2016

GJ GU London open 31 May 2016

With the UK/US holidays yesterday wasn't watching charts.

There was a signal up for GJ after Frankfurt open but didn't go in the next two candles so I left. Going into London open the move up amounted to nothing. So there was no momentum and a negative close took out the last 3/4 candles lows. Nice 3 bar reversal signal 163.18. In the bigger picture a lower high and divergence on the stochastic. A couple of nice legs down and now I'm most likely done for the day.




Friday, May 27, 2016

GJ GU London open 27 May 2016

You should be able to describe your trade in terms of your system rules.

GJ lower high, just after FO, GU agreeing, little no lower wick sell 160.90.

GJ higher low, after LO, GU agreeing, little no upper wick buy 160.80.

There was a failed higher low above 161.00 that became a clear lower high. No alert signaled but if you were watching a clear lower high, GU agreeing, little no lower wick sell 160.97, red arrow down. All in and around the 20 lwma.