Comment by Oasis on March 9, 2013 at 3:34pm

Thank you Sir Gissa

I must admit it took me a while to make sure that I understood what I consider a message from you that was coded. Since I am not used to your clue dropping techniques and have no deciphering skills, I obtained the help of 'The House Prefect' in understanding your message.

In my opinion however I still think that this pair is headed higher. All JPY crosses are similarly placed, with USDJPY perhaps more bullish than the rest. I think when the Japs want something they usually achieve it. Unless of course news releases from them start sending contradictory signals - In such an event price can go down.

Anyway, we will watch what happens next week and I will not hesitate to bow down to your superior skills acquired over ..... hours of trading and screen time. Finally thanks also for showing me a screenshot without candlesticks - so much easier to see patterns that way.

Regards 

Comment by Splithand on March 9, 2013 at 5:33pm

ForexMospherians United

                                Hurrah !!!

                                        Split>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Comment by Oasis on March 9, 2013 at 7:27pm

Good question - who is the house prefect ? Well, I have seen some reference by you all to Sherlock Holmes. So I'll leave that question to you to figure out.

Regards 

Comment by Oasis on March 9, 2013 at 8:31pm

Hello Sir Gissachance,

Sorry for that post written in haste. Now when I read it it almost sounds rude. That was not the intent. Yes, i did understand your post first of all by the explanation given by Peter and then your second installment. Actually right from your initial comments I had guessed that your opinion was what usually comes after a H&S pattern. I just did not know what all your abbreviations meant.

I still believe that price will go up, think that the H&S formation is over too short a period to have enough validity, but I am really glad that you made your remarks. This had made me open my mind to the possibility that price could drop. Thank you for taking the time in doing that and then ensuring that I understood your message.

Regards

Comment by Oasis on March 9, 2013 at 10:04pm

Yes Sir Gissa. My reference to Holmes was not to a real person but to Sherlock since you seem to talk a bit in riddles and like giving clues and hints.

Regards

Comment by Peter jcp on March 9, 2013 at 10:32pm

Hi Oasis and Sir Gissa - I think you can see Oasis on Sir Gissa's last (brilliant) chart another very important clue that even the great Sherlock Holmes would classify as a major find ;-))

In fact that chart should be used in all tutorial classes and video's etc etc. - its is that powerful - and thank you for sharing it with us Gissa - ( the cream will always rise to the top and now I sure you can see why I and many others rate Sir Gissa so highly )

Enjoy your weekend

Regards

Peter 

Comment by Oasis on March 9, 2013 at 10:40pm

Yes Peter, I agree. When I saw that extra trendline on the last chart, I has the same thought. 

Comment by Jason on March 10, 2013 at 1:32am

Hi oasis.
Thank you. Interesting thoughts on the euro jpy.
Also thanking sir gissa for your chart posting with the trendlines and resustances. Really appreciate and glad to see a master at work. Hope to learn more from you in future.
From your post, I gather we may see a pull back to test the wedge and channel breakout and if these levels which Ibelieve are around 122 to 123 region holds, the uptrend may resume but it will be clear if the 126 breaks.
Lastly, I also need to.thank Peter for his time to explain his 9 minute rule again on Friday. Appreciate.
Hope everyone do not mind me interrupting. I hope to post more often but may not be possible due to work and family commitments.
Thanking you all for the opportunity to learn and have a good Sunday.
Looking forward to more comments and ideas for next week.

Comment by pandora on March 10, 2013 at 11:15am

My contribution to this drawing contest

Comment by Keith Shaw on March 10, 2013 at 1:22pm

Some very good charting gentlemen and an excellent contribution to the 'drawing contest' by pandora. Thumbs up ;)

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