I am sure it will break that channel. Perhaps next week but It sure will. So if you have enough equity, add more position to short this dragon.
Goodluck
Goodluck
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
Geppy - Pick the bottom 18 replies
Lets Talk GBP/JPY "the geppy" 156 replies
geppy is "ugly" when ? 14 replies
Geppy outlook 0 replies
DislikedI am sure it will break that channel. Perhaps next week but It sure will. So if you have enough equity, add more position to short this dragon. GoodluckIgnored
Disliked{quote} I think you mean the 100-hour SMA? That's what I'm looking at. I'll have the daily analysis up shortly.Ignored
Disliked{quote} Looking at that now I have no clue where I got that 1h 200ma. I think I was looking at the 15min chart. Anyway short since 138.15 looks like she finally wants to stretch her legs this weekIgnored
Disliked{quote} No worries, I knew what you meant/were looking at. Just a typo I figured. Yes, looking good. The big question now is will she be able to break the post-Brexit lows. Not saying today or even this week, but that's the next level in focus (133.00-ish). Definitely no reason to let go of shorts, especially considering I think it's just a matter of time before USD/JPY rolls over too.Ignored
Disliked{quote} My calculations on the daily chart, if the price closing at around 135.60 before the Tokyo open, then the prices will slide to 132.80 tomorrow.Ignored
Disliked{quote} Thanks, brother. 135.60 is definitely a "line in the sand". I don't know about putting timelines on it... try not to do that. But getting below there definitely opens up 133.00 -- below that, LOOK OUT!Ignored
Disliked{quote} Totally agreed. Great Advise. Thanks Personally I think it is in the downtrend and the only reason that this pair rallied was to fill the gap. Thus as long as the gap has been filled it has no reasons to spike up. That is my 2 cents. Therefore I will be adding shorts unless the Central banks decide to intervene the market. VDIgnored
Disliked{quote} GBP/JPY is ranging hard right now . if it break down is going to hell. We well see. well i trade short term, if the break out is 50 pips to 150 pips i'm good to go. Right now is the key market on gbp/jpy SO MUCH OPPORTUNITY coming up Be patient .Ignored
Disliked{quote} GBP/JPY is ranging hard right now . if it break down is going to hell. We well see. well i trade short term, if the break out is 50 pips to 150 pips i'm good to go. Right now is the key market on gbp/jpy SO MUCH OPPORTUNITY coming up Be patient .Ignored
Disliked{quote} Good Entries point . I like the trades. Good luck making some pips in Asian market However I never trade Asian markets ( I dont know when or what the crazy Japs do to manipulate the Yen) I only trade the Europe+US market.Ignored
Disliked{quote} Not sure I agree. Seems to have broken out of its range today. I see more downside potential ahead. Should be just getting started.Ignored
Disliked{quote} I am a short term trader myself as well. My strategy was risking as much as 20 % of the account by adding position until the trend breaks. I know it is not a good reward strategy but I have some profit last couple month ( 10 % per month). I am still trying to refine the reward part. I always found myself not letting the profit run by cutting profit too early. I guess i need to control the my Fear and leave the trades for longer termIgnored
Disliked{quote} My bias is down too, simply based on the overall trend. But there's no "sure" thing in forex trading... ever. I like your conviction, but be careful with getting overly sure or confident.Ignored