Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Auslanco - GBP/JPY and GBP/USD (newstrade) 235,578 replies

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 119 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

GBP/USD, GBP/JPY trading, my journey 34 replies

Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies

Attachments: GBP/JPY
Exit Attachments

GBP/JPY

Quoting forex_J
Congrats on new high and added another short but just half of initially planned. n/j is also looking interesting and almost there to break high of 2009. Just had a short on that too
I m also holding short for N/J but if it breaks the high and closes above it by today, it likely that it will ride north for long long ride.
Quoting Rana
Thanks for your advice...
i was been thinking about 129lvl before election in jp ;/

still hope its reall
Quoting FxLapozi
I m also holding short for N/J but if it breaks the high and closes above it by today, it likely that it will ride north for long long ride.
The weekly close is what I'm looking at if it closes above the the high & closes above there's its an easy 700+ of air above.
It works till it doesn't
Good number for UK unemployment but G/U gets denied it's move toward north?
Quoting DaEdge
The weekly close is what I'm looking at if it closes above the the high & closes above there's its an easy 700+ of air above.
Wait for Monday/Tuesday for safer trade direction

Anyway, what do you reckon the yen pairing would be heading if ABE win the election? Further north like these few days?

He seems like the hot favourite now!
4H looks way too fierce IMHO. Placed short order on 133.8 and another at 134.2 and SL at 135 and now going out. All short positions should be profitable in 72 hours or I cry.
Good luck guys!
Quoting forex_J
4H looks way too fierce IMHO. Placed short order on 133.8 and another at 134.2 and SL at 135 and now going out. All short positions should be profitable in 72 hours or I cry.
Good luck guys!

SL 135?! Die Hard 6 with Bruce Forex_J Willis xD
  • Post #888
  • Quote
  • Edited 10:47am Dec 12, 2012 10:24am | Edited 10:47am
Quoting baczniew
SL 135?! Die Hard 6 with Bruce Forex_J Willis xD
Shorting here as well. If it's going to reverse this area is it technically speaking, if not, I think 140 is in the cards before the down trend continues. Of course, I'm expecting an initial pop to the FED news and will add to my short at that time as well, if not, I'm already in.
Yay! Pips for everyone!
Quoting FxLapozi
Wait for Monday/Tuesday for safer trade direction

Anyway, what do you reckon the yen pairing would be heading if ABE win the election? Further north like these few days?

He seems like the hot favourite now!
I think we could possibly be in the middle of some serious profit taking/short squeeze on these yen crosses which have been in a major downtrend for 10+ years take a look at the monthlies on these crosses. We're starting to approach some very important levels that if we get solid weekly closes above them for the next 2 weeks or so it could lead to some serious upside regardless of who wins the elections.
It works till it doesn't
Back home... Can I tremble? Why do I have S 134.2? I don't see any news or wild move on DJ. Was that just stop hunting above 83?
Quoting DaEdge
I think we could possibly be in the middle of some serious profit taking/short squeeze on these yen crosses which have been in a major downtrend for 10+ years take a look at the monthlies on these crosses. We're starting to approach some very important levels that if we get solid weekly closes above them for the next 2 weeks or so it could lead to some serious upside regardless of who wins the elections.
I think you could definitely be right, I'm trading this area hoping we continue to range between 1.35 and 1.18.
Yay! Pips for everyone!
Quoting forex_J
Back home... Can I tremble? Why do I have S 134.2? I don't see any news or wild move on DJ. Was that just stop hunting above 83?
I'm hoping we got our Fed minutes jump already and that it's a buy the rumor sell the news move. lol
Yay! Pips for everyone!
Quoting Pipsforall
I'm hoping we got our Fed minutes jump already and that it's a buy the rumor sell the news move. lol
We've known it for a long time, but this FED is on crack. lol
Yay! Pips for everyone!
Quoting Pipsforall
We've known it for a long time, but this FED is on crack. lol
Ben you did it!

Breaking News: Fed to buy treasury securities at $45 billion a month once 'Operation Twist' expires
Doesn't seem to bring this pair downn much as E/U and G/U going crazy. Yen crosses are all unbelievable. I'm out can't wait till 135. Good luck all the shorters still surviving

LOL DJ is also going wild. Happy Christmas time I guess..

BTW 3% loss on my account
Quoting Pipsforall
I think you could definitely be right, I'm trading this area hoping we continue to range between 1.35 and 1.18.
http://i1356.photobucket.com/albums/...ps964115d6.jpg

I posted this in another thread but its more relevant here. The downtrend has been roughly 7500 pips & a 20% pullback to the 90 level is healthy & still keeps the trend in place. Definitely something to keep in mind. Above 90 & I think we can make an argument for a change in trend.
It works till it doesn't
Quoting pabloski
Short @ 132.88
SL @ 133.00
TP @ 132.40, 132.00, 131.60

Let's see how it works...
Glad I had a pending buy at SL price. +120 pips booked. How did you people do?
Quoting pabloski
Glad I had a pending buy at SL price. +120 pips booked. How did you people do?
Horrible. But happy if this continues it's move over 135 or even 136. Mad if break 133 before reaching 135.
Quoting forex_J
Horrible. But happy if this continues it's move over 135 or even 136. Mad if break 133 before reaching 135.
what You think wbout g/j
it stops and put reverse on gearbox?

move down over 30pips already
its bigger move down beacuse growth was much bigger than on u/j?

realize profits or still wishing something bigger.... DAMN IT


the world belongs to the brave!
Quoting baczniew
what You think wbout g/j
it stops and put reverse on gearbox?

move down over 30pips already
its bigger move down beacuse growth was much bigger than on u/j?

realize profits or still wishing something bigger.... DAMN IT


the world belongs to the brave!
On technical on weekly it's over the Bollinger band and touching 200MA (First time since July 2008!). Probably on next week it will retrace to the level we had sideline on Monday but in this week maybe 133.6 at most then soon retest 134.7. BTW my prediction is always wrong
1 trader viewing now