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GBP/JPY

Sorry need to correct myself my buy level last night was 130.80 not 130.80. Still holding my long from last night with profits locked in.
It works till it doesn't
Quoting IndigoPingvi
If price is going to hit your SL, will you throw away those indicators or will you still use them?
As you can it does not hit my SL. In my years of trading I have seen many people who blame their failure on their broker, indicator, system, etc. If you try to see yourself from another perspective, will you stop blaming others?
Making pips is easy, holding 'em is hard - Pipsopolis
Quoting sahamdarjoz
As you can it does not hit my SL. In my years of trading I have seen many people who blame their failure on their broker, indicator, system, etc. If you try to see yourself from another perspective, will you stop blaming others?
I constantly try to learn and change the view. All the best with your trading!
Quoting IndigoPingvi
I constantly try to learn and change the view. All the best with your trading!
You too
Making pips is easy, holding 'em is hard - Pipsopolis
If 131.75 trend line resistance breaks, I anticipate double top or around 132.6~132.65 or so.
DJ up 300 pips in 18hrs and still no sign of retracement. Weekly and Monthly candle turned white. Amazing move so far but G/U isn't following the move much anymore?
Up down up down and up again? Annoying move...
Quoting forex_J
Up down up down and up again? Annoying move...
Thats been the norm lately for most fx pairs. The time of year isn't helping any either.
It works till it doesn't
Dirty 1H candles... Perfect day for scalpers after all.
Another new high... On Wednesday never thought this would happen in this week.
Quoting forex_J
Another new high... On Wednesday never thought this would happen in this week.
Same here. I've been long since Tuesday not going anywhere yet but have taken some off already.
It works till it doesn't
Quoting DaEdge
Same here. I've been long since Tuesday not going anywhere yet but have taken some off already.
End of week and end of month, 133.5 next?
Quoting forex_J
End of week and end of month, 133.5 next?
I sure hope so, aside from my spot account I also took some very OTM weekly binaries on this pair when it was getting hit at the beginning of the week they expire @ 133.00 would definitely make for a great end of month for me. Couldn't resist they were so cheap.
It works till it doesn't
Bulls are back
Surprise, shock horror. 132.65 or so was the max for the long term bullish view (assuming retracement to the 31.8 etc with a new climb north) . Instead, GJ seems to have decided to enter it's final wave to the north early.

Interpret that as you may
Quoting Mpt
Surprise, shock horror. 132.65 or so was the max for the long term bullish view (assuming retracement to the 31.8 etc with a new climb north) . Instead, GJ seems to have decided to enter it's final wave to the north early.

Interpret that as you may
What do you expect after the end of the month and the coming of new month?
An expert expected that it will go back to as follows by the end of December:
USD/JPY around 78
GBP/JPY around 127
EUR/JPY around 101
------ Any other expectations?
Quoting gentlelove30
What do you expect after the end of the month and the coming of new month?
An expert expected that it will go back to as follows by the end of December:
USD/JPY around 78
GBP/JPY around 127
EUR/JPY around 101
------ Any other expectations?
I promised a chart a couple of days ago. I'll post my theories over the weekend. Suffice to say if this gets over about 132.7 ish, I expect top out by about 133. Then it's down. All the way. If the 132.6~7 area stops it, it will probably then retrace a reasonable amount and travel to new highs.

Just my views as to where I see it right now. UJ I sort of agree with - maybe 79 or therabouts. I have no knowledge of EJ
Quoting Mpt
I promised a chart a couple of days ago. I'll post my theories over the weekend. Suffice to say if this gets over about 132.7 ish, I expect top out by about 133. Then it's down. All the way. If the 132.6~7 area stops it, it will probably then retrace a reasonable amount and travel to new highs.

Just my views as to where I see it right now. UJ I sort of agree with - maybe 79 or therabouts. I have no knowledge of EJ
So far, JPY is forming a week hanging man with all pairs . What does this interpret?
Quoting Mpt
I promised a chart a couple of days ago. I'll post my theories over the weekend. Suffice to say if this gets over about 132.7 ish, I expect top out by about 133. Then it's down. All the way. If the 132.6~7 area stops it, it will probably then retrace a reasonable amount and travel to new highs.

Just my views as to where I see it right now. UJ I sort of agree with - maybe 79 or therabouts. I have no knowledge of EJ
So far, JPY is forming a week hanging man with all pairs . What does this interpret?
Attached Image (click to enlarge)
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Quoting gentlelove30
So far, JPY is forming a week hanging man with all pairs . What does this interpret?
Usually it means price going down. At least as far as I know PA.
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