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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday, 10 March 2013

Gbpjpy


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4 comments:

  1. Souljester10 March 2013 at 01:30

    That is a diamond formation on GBPJPY with a lower pivot low, would be kewl to plot the diamond breakdown/short entry point. Nice chart. Not a pair I follow. Merci. Doomzz and yayzzz.

    ReplyDelete
  2. Chartrambler10 March 2013 at 01:39

    hey SJ not one I follow much either.I was thinking maybe HnS.The lines are Gann lines but I used 0.261 as the unit instead of 0.1 cos it fit better .Doomz and yayz to you too :)

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  3. Souljester10 March 2013 at 01:54

    Nice find. They related to h&s. Ponder this (I am anyway, lol).

    http://www.investopedia.com/articles/forex/05/diamondbear.asp#axzz2N67IeEv2

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  4. Chartrambler10 March 2013 at 02:09

    Thanks SJ,I'll check it out

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