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GBP/JPY

Im very much in a trading frame of mind... however, I play daily only with 4hr entry. I have no interest in quick ins and outs. big wave/ long wave rider here. geppy monthly and weekly are telling, just gotta take a step back is all. So yeah, I see a shift across the board coming.

lol. why the hell would anyone be buying EU? thats been an obvious sell set up since early may :: daily / weekly / and most any way you look at it. monthly even more blatantly showing
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Quoting InnerSong
Im very much in a trading frame of mind... however, I play daily only with 4hr entry. I have no interest in quick ins and outs. big wave/ long wave rider here. geppy monthly and weekly are telling, just gotta take a step back is all. So yeah, I see a shift across the board coming. lol. why the hell would anyone be buying EU? thats been an obvious sell set up since early may :: daily / weekly / and most any way you look at it. monthly even more blatantly showing {image}
The easiest thing I've noticed to do is say "something was obvious". I on the other hand don't trade monthly, weekly, or h4 as the drawdown for pips is way to high, resulting in having to take low equity trades. So that to me isn't my cup of tea. As for EUR having been a sell since MAY, I would say how was that possible, when EU was making its ascend since late 2012 when the price was 1.22xx None the less wish you luck on your bias journey in "fundemental world".
Banks scalp, why don't you?
The break was finally here.

We had to wait prices broke the trend line.
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Both EJ and GJ broke trend line. Can't see reason for it. Entered shorts.
Unable to post a picture but -

Also USDJPY has broken the daily wedge formation as drawn from the start of the year. Remaining above 102.50 at the cut wouldn't hurt the Yen's efforts to shake off the straight jacket it's worn for most of this year. Far from free yet tho (IMO)
GBP/USD is falling.

Because of correlation analysis, we can epxect GBP/JPY to do the same.
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hi all,

I see GJ bounce back to 174.00/50...

rgds,
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Its the time? Yes waiting for a long time...
Learning and Learing
Perhaps a pullback before drop lower.
Quoting pipshuvit5
Perhaps a pullback before drop lower.
Yep, maybe... we were too oversold to go down. The structure is very similar to the one we had on 15th july.
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Quoting pladee
Its the time? Yes waiting for a long time...
now sell 174.11.....
Hey guys, it's just uick follow up on the GJ pair on the 100-pip move on the 200 SMA multi-timeframe break out today.

200 SMA breakout on 1H chart
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Target hit at 174.00 for 100 pips.
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Full recap is here.
http://www.forexfactory.com/showthre...87#post7641287

Cheers.
Underspeak, overdeliver.
1K Sunny Return This Year: 1,037.6%
does any one here have oanda? what was the low(bid) of the spike at 14:00 est ?
Quoting FXSayWhat
Target hit at 174.00 for 100 pips.
Yep, Ichimoku on daily chart gives the same target : prices has been stopped by kijun line.

Prices are now in a range between kijun and tenkan lines.
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Prices are now on Senkou Span B on daily chart.
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Ok,if the price can hold the 172.4 area til nxt week tuesday,we r officially bear mode..get ready to 169 zone
Quoting pipshuvit5
Ok,if the price can hold the 172.4 area til nxt week tuesday,we r officially bear mode..get ready to 169 zone
The pair is oversold now. Prices can rise up to the top of the cloud and then go back down.
Well,lets see.either way i stil wan make some pips..trend is friend
Quoting pipshuvit5
Well,lets see.either way i stil wan make some pips..trend is friend
Yes, but not all the time... That's why we have to trade it on pull back.
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