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GBP/JPY

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  • Post #781
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  • Nov 30, 2012 11:04am Nov 30, 2012 11:04am
  •  knightpips
  • | Joined Jan 2012 | Status: Member | 193 Posts
it should go down

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  • Post #782
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  • Nov 30, 2012 1:54pm Nov 30, 2012 1:54pm
  •  DaEdge
  • | Joined Nov 2012 | Status: Trade levels not patterns | 722 Posts
Quoting IndigoPingvi
Disliked
Usually it means price going down. At least as far as I know PA.
Ignored
Not exactly the ones on a/j & n/j are bearish. The other 4 are bullish.
It works till it doesn't
 
 
  • Post #783
  • Quote
  • Nov 30, 2012 5:35pm Nov 30, 2012 5:35pm
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
oops
New voice message: Why are you calling me? If I need you, I'll call you!
 
 
  • Post #784
  • Quote
  • Nov 30, 2012 7:50pm Nov 30, 2012 7:50pm
  •  DaEdge
  • | Joined Nov 2012 | Status: Trade levels not patterns | 722 Posts
Quoting KillerWhale
Disliked
oops
Ignored
Hahahaha...love all the haters, but not as much as I love 40 pips of heat for 150 pips of profit. Never short a dull market or you'll keep hating.
It works till it doesn't
 
 
  • Post #785
  • Quote
  • Dec 1, 2012 2:47am Dec 1, 2012 2:47am
  •  entheos
  • | Joined Dec 2011 | Status: Member | 1,052 Posts
crossYen are more +100~200pips...
 
 
  • Post #786
  • Quote
  • Edited 4:05pm Dec 1, 2012 11:22am | Edited 4:05pm
  •  shakiba
  • | Commercial Member | Joined Nov 2012 | 134 Posts
In this pair we witness bulding a BAT pattern in addition to a divergence in 4H time frame, and a symmetry pattern too. Once a right trigger is made we can go short. This week as it looks will be a dream week for JPY crosses. With NFE event to come on Friday!!!
 
 
  • Post #787
  • Quote
  • Dec 2, 2012 4:38am Dec 2, 2012 4:38am
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Short is the way I see it, but I'll be very carfull
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  • Post #788
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  • Dec 2, 2012 5:00am Dec 2, 2012 5:00am
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Quoting KillerWhale
Disliked
Short is the way I see it, but I'll be very carfull
Ignored
A chart
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  • Post #789
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  • Dec 2, 2012 5:02am Dec 2, 2012 5:02am
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Quoting KillerWhale
Disliked
A chart
Ignored
It broke the downward channel last Friday
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  • Post #790
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  • Dec 2, 2012 5:03am Dec 2, 2012 5:03am
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Quoting KillerWhale
Disliked
It broke the downward channel last Fridday
Ignored
So lets see where it goes.
New voice message: Why are you calling me? If I need you, I'll call you!
 
 
  • Post #791
  • Quote
  • Dec 2, 2012 5:06am Dec 2, 2012 5:06am
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Quoting KillerWhale
Disliked
So lets see where it goes.
Ignored
Or where it not goes
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  • Post #792
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  • Dec 2, 2012 5:08am Dec 2, 2012 5:08am
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
I'm just wondering if Japan is still manipulating the everyday course of yen.
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  • Post #793
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  • Dec 2, 2012 2:07pm Dec 2, 2012 2:07pm
  •  forex_J
  • | Joined Mar 2011 | Status: Member | 264 Posts
Quoting KillerWhale
Disliked
I'm just wondering if Japan is still manipulating the everyday course of yen.
Ignored
JPY short position on CME is already more than what it was on April. Don't know how far it goes but once it starts crumbling it should be fun to watch.
 
 
  • Post #794
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  • Dec 2, 2012 3:55pm Dec 2, 2012 3:55pm
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Quoting forex_J
Disliked
JPY short position on CME is already more than what it was on April. Don't know how far it goes but once it starts crumbling it should be fun to watch.
Ignored
Waiting for rejection of the channel line
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  • Post #795
  • Quote
  • Dec 2, 2012 7:30pm Dec 2, 2012 7:30pm
  •  Mpt
  • Joined Nov 2009 | Status: Member | 2,582 Posts
I suspect that a break now below 131.7 would indicate the up-move is complete. Otherwise, the potential is for another move up to a new high around 129.9 ~130 - unless KillerWhale's channel holds at 132.45 and it ends up as a small H&S.
 
 
  • Post #796
  • Quote
  • Dec 2, 2012 10:26pm Dec 2, 2012 10:26pm
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Quoting Mpt
Disliked
I suspect that a break now below 131.7 would indicate the up-move is complete. Otherwise, the potential is for another move up to a new high around 129.9 ~130 - unless KillerWhale's channel holds at 132.45 and it ends up as a small H&S.
Ignored
I am carefully short.
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  • Post #797
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  • Dec 3, 2012 10:22pm Dec 3, 2012 10:22pm
  •  matheszabi
  • Joined Sep 2009 | Status: Member | 1,027 Posts
Like 3 or 4 year ago I could catch some nice waves on this currency pair, but after a few trades it has ended the beginner luck.
After that I went to "mastering the scalping" at EUR/USD. Now I got bored with that a bit: highly volatile after London open, at overlap sessions, and Hog Kong open. And it is moving on steps: 2 forward 1 backward

I would like to play with this currency pair and "try my luck" again - ofc I know I need to lear about this par, so I will risk the minimum trade size.

What important news are moving this pair, when is moving?

I see "random waves" only, not really trending as I would like it.
On daily chart I see an ending Bullish trend, because is close to Apr level, so Is time to look better and wait for short signals? -1-2 week, but than is XMAS there are small random movements only.

Any idea, beside of skip?
I want to buy PATIENCE
 
 
  • Post #798
  • Quote
  • Dec 3, 2012 11:18pm Dec 3, 2012 11:18pm
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Quoting matheszabi
Disliked

Any idea, beside of skip?
Ignored
What is skip?
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  • Post #799
  • Quote
  • Dec 4, 2012 2:17am Dec 4, 2012 2:17am
  •  pabloski
  • | Joined Aug 2006 | Status: Member | 356 Posts
What I see in H1. I think it's still going up if channel support is not broken.
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  • Post #800
  • Quote
  • Dec 4, 2012 2:46am Dec 4, 2012 2:46am
  •  DaEdge
  • | Joined Nov 2012 | Status: Trade levels not patterns | 722 Posts
Quoting pabloski
Disliked
What I see in H1. I think it's still going up if channel support is not broken.
Ignored
If you look at the last 5 days of PA we a series of HL's & HH's with yesterday being an inside day & today not completed. We are currently in a consolidation pattern & favoring a break to the upside.
It works till it doesn't
 
 
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