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GBP/JPY

Dear fxsaywhay

Wow that is very nice one..

and i love the resistance line that u drew between body and pin.
I just learn it today ^_^.

Will keep watching!!!
Learning and Learing
Good evening everyone. On the 30m chart GBP/JPY has not closed under 172.466. If this 30 min candle (which closes in less then 1m) doesn't close under 172.460 then I WOULD take a big long scalp here. Sl for the long is on the 30m chart a close UNDER 172.465
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Banks scalp, why don't you?
Quoting CholiPop
Good evening everyone. On the 30m chart GBP/JPY has not closed under 172.466. If this 30 min candle (which closes in less then 1m) doesn't close under 172.460 then I WOULD take a big long scalp here. Sl for the long is on the 30m chart a close UNDER 172.465 {image}
Have a look at the recommendation which I gave several hours later. I also took profit myself, and I'm now awaiting the next signal.

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Banks scalp, why don't you?
Quoting CholiPop
{quote} Have a look at the recommendation which I gave several hours later. I also took profit myself, and I'm now awaiting the next signal. {image}
14 hours later turns out my entry was the BEST price to have bought..... If only we could read the future...
Banks scalp, why don't you?
Better to Buy GBPJPY with the SL of 172.50 for the target of 176. However, the 174.80 can become intermediate resistance for the pair.
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On the daily chart the price is moving upward inside a bullish channel and it is fluctuating around ab=cd harmonic pattern simultaneously. till July 14 its time will be fulfilled and we will see a drop across the market if the supply pressure takes the upper hand.


http://forex-fa14.blogspot.com/

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are you ready ?

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http://i58.tinypic.com/wltbf4.png
Trade what you see, not what you think.
Very nice chart ...
so if i am correct , she is about time to back in the line ??
Learning and Learing
http://i61.tinypic.com/13znb7r.png
Trade what you see, not what you think.
Just doing a follow up on the GJ pair before the GBP rate minutes due in 2 hours.
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Compete analysis is here.
http://www.forexfactory.com/showthre...80#post7595280
Underspeak, overdeliver.
1kSunny 千日阳光 Return This Month: 1,037.6%
I expect a hicke now.
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We have seen a very nice sell off on GBP/JPY prior to the news which will be released in less then 30 mins. I would say a overall spike up once the news is released. I would bank on 20-30 pips profit in less then 15 mins after news. I have taken a buy order here.

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Banks scalp, why don't you?
Quoting MaximeCau
I expect a hicke now. {image}
Yes, looks good. It is time to bounce, if it bounces.
Fix up, trade sharp ...
Buy limit at the s3 pivot of 173.25 would be a good idea. Any lower then that would be 173.00
Banks scalp, why don't you?
The last candle broke the support. We seem to have a test on the current candle. Look at the low volume. If it is a test, prices will continue to fall down to the next daily support around 172.410.
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Quoting MaximeCau
The last candle broke the support. We seem to have a test on the current candle. Look at the low volume. If it is a test, prices will continue to fall down to the next daily support around 172.410. {image}
Yes, it is starting to look ugly for longs with current JPY strength ...
Fix up, trade sharp ...
We had a huge accumulation yesterday. Prices are now in a tiny range, between resistance and support.

Will prices bounce once again ?

I'm waiting for a break out.
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The Chikou Span is near the twist of the cloud. Prices can continue to go down in the next candle.
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