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GBP/JPY

Quoting ICouldBWrong
Certainly a very large move for the day. Let's see if if this trendline will slow things down for now. I agree that the low 165 area (if it makes it there) is likely the max for now, at least without a retracement. However, it does look like it's setting up for an eventual upwards move towards the 168 area and potentially higher. {image}
something i didn't see. Ive actually decided to lock in my profits for tonight. tomorrow is a new day
I'm seeing signs of exhaustion on H4, taking a sell at reduced position size from 164.5 Looking for 163/162.50 area to resume buys
Quoting Pretense
I'm seeing signs of exhaustion on H4, taking a sell at reduced position size from 164.5 Looking for 163/162.50 area to resume buys
Added sell
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Quoting Pretense
{quote} Added sell {image}
what is this indicator with a red arrow
Quoting mosya
{quote} what is this indicator with a red arrow
PZ reversals fractals, I don't love it, it's kind of lagging on the print but it does help affirm the thought process a bit

https://www.mql5.com/en/market/produ...ch#description
Quoting Pretense
{quote} PZ reversals fractals, I don't love it, it's kind of lagging on the print but it does help affirm the thought process a bit https://www.mql5.com/en/market/produ...ch#description
can you give me
time to build up sell positions....
strong bullish candle today, but I put in a sell limit order at a higher price level
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting Pretense
{quote} PZ reversals fractals, I don't love it, it's kind of lagging on the print but it does help affirm the thought process a bit https://www.mql5.com/en/market/produ...ch#description
Still holding short looking for more of a retrace before resuming my longs. That huge spike worried me for a second and almost liquidated. So far this trendline on H4 is holding up the fall.
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Quoting Pretense
{quote} Still holding short looking for more of a retrace before resuming my longs. That huge spike worried me for a second and almost liquidated. So far this trendline on H4 is holding up the fall. {image}
above 165.3 I'm probably out of my shorts and done for the night. There's a couple daily tops in July in this range
Quoting ForexGoose
strong bullish candle today, but I put in a sell limit order at a higher price level {image}
If it stops me out at 168.1, I will consider buying if the trend is strongly bullish
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} If it stops me out at 168.1, I will consider buying if the trend is strongly bullish
Venturing a sell with you. Will see how it goes.
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Quoting ForexGoose
{quote} If it stops me out at 168.1, I will consider buying if the trend is strongly bullish
did your entry hit? Looks like it might have been a pip shy
there is a retracement. 164.5 - 164.2
Attached File(s)
File Type: ex4 zoneTradingAuto.ex4   195 KB | 35 downloads
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Attached File(s)
File Type: ex4 PriceActionDetector3.ex4   285 KB | 36 downloads
Quoting ForexGoose
strong bullish candle today, but I put in a sell limit order at a higher price level {image}
the pump could be over today for this pair

adjusted stop loss to break-even
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
GBPJPY Retail cumulative delta volume from 3 mt5 brokers shows bearish sentiment, predicting downfall.
Pink line is price (ma1), black is volume (clients) graph from last week.
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Quoting ForexGoose
{quote} the pump could be over today for this pair adjusted stop loss to break-even {image}
lol
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
I got out of my sells last night at about 164.57 average after watching it bounce and went to sleep. I'm taking a quick buy for 165.5 and will be done for the weekend. If I don't reach target before close I will manually close.
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Quoting ForexGoose
{quote} lol {image} {image}
that's why I was asking if your entry hit, I personally set my entry's 2-5 pips below the old top for a better chance of getting picked up.
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