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GBP/JPY

Quoting IndigoPingvi
Can i ask you, where is the trendline curently, on my chart is 131.180
131
It s times like this we need a poll on these forums. That way WE could decide where it goes. I'm sure that would work
And up. 131.7?
Anything other than yen is easy going. If planning a short or long from here why not wait until everything in Japan is settled and all the big players lose interest on JPY.....
Quoting Mpt
And up. 131.7?
Don't know, it just hit my trendline at 180. But, if you take a look at Nikkei, weekly...
Quoting forex_J
Anything other than yen is easy going. If planning a short or long from here why not wait until everything in Japan is settled and all the big players lose interest on JPY.....
Good idea. we'll all come back in 10 years.
Quoting IndigoPingvi
Don't know, it just hit my trendline at 180. But, if you take a look at Nikkei, weekly...
Meaning?????????
Quoting forex_J
Anything other than yen is easy going. If planning a short or long from here why not wait until everything in Japan is settled and all the big players lose interest on JPY.....
But big player lost interest in jpy, they are pulling capital away from yen,thats why it goes up, no?
Quoting Mpt
Meaning?????????
It's an interesting chart. Movements usually folow the price on gbpjpy and Nikkei. It's not always identical, but mostly it is. There is a red trendline, too, the important one. We crosed it in gbpjpy but Nikkei is only about half way there. Now, it can mean jack sh*i, but i have a feeling that price on gbpjpy will go up untill Nikkei hit the red trendline.
Quoting IndigoPingvi
It's an interesting chart. Movements usually folow the price on gbpjpy and Nikkei. It's not always identical, but mostly it is. There is a red trendline, too, the important one. We crosed it in gbpjpy but Nikkei is only about half way there. Now, it can mean jack sh*i, but i have a feeling that price on gbpjpy will go up untill Nikkei hit the red trendline.

Its targeting at 133 levels and above.. Buy at Dips is the Key!
Classical chart patterns of currencies from 15+ Year Pro Trader
Quoting aviz12
Its targeting at 133 levels and above.. Buy at Dips is the Key!
Yep, 133 is my TP, 150 fib extension.
Quoting IndigoPingvi
Yep, 133 is my TP, 150 fib extension.
This may well be the top. GJ is in a rounding bottom and its sitting on one of its circular trendlines. And don't ask. You can pm me if you think you need to know.
Like Tom Petty once said, "And I am FREEEEE, Freeeee falling ( falling meaning going up). It has broken through alot to get where it is at...Nothing but air, buying in now and use dollar cost averaging if necessary. Raise the roof!!! Cause it will fly high.. "I AM FREEEEEEE!!!"
Quoting jphotdeals
Like Tom Petty once said, "And I am FREEEEE, Freeeee falling ( falling meaning going up). It has broken through alot to get where it is at...Nothing but air, buying in now and use dollar cost averaging if necessary. Raise the roof!!! Cause it will fly high.. "I AM FREEEEEEE!!!"
One diagnol trendline could stop this momentum, but i doubt it.
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Quoting jphotdeals
Like Tom Petty once said, "And I am FREEEEE, Freeeee falling ( falling meaning going up). It has broken through alot to get where it is at...Nothing but air, buying in now and use dollar cost averaging if necessary. Raise the roof!!! Cause it will fly high.. "I AM FREEEEEEE!!!"
Gerominoooo!
Another new high. Will sell for short term retracement after LDNFIX and NY close if it doesn't drop.
everytime I look at the chart it records new high. amazing.
Just hit top of channel on 4H and WK, should see some sort of technical pullback.

BTW, just closed my first 150 pip trade made last night while i slept!



Quoting forex_J
Another new high. Will sell for short term retracement after LDNFIX and NY close if it doesn't drop.
Quoting zephyru
Just hit top of channel on 4H and WK, should see some sort of technical pullback.

BTW, just closed my first 150 pip trade made last night while i slept!
Nice trade!
Here's my chart/prediction. currently at top of long term channel and just completed rise over last 7 days to top of that channel. There is a little bit of room to top out at 132 in the next couple of days, then most likely to go down to 127.5. Eventual upside is 133.4 once it breaks over long term channel.
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