Bearish on the pair.
- Post #22,941
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- Jan 7, 2017 9:52am Jan 7, 2017 9:52am
- | Joined Oct 2014 | Status: Member | 915 Posts
- Post #22,942
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- Jan 7, 2017 5:11pm Jan 7, 2017 5:11pm
I am looking to add shorts as well down off of 150 
it could reverse down at any point I suppose but quite unlikely for the coming week
its heading back up to the top of the range, you know how it moves
and of course it looks like its forming a head and shoulders, but after it gets up some more and comes down a little then up up way more we will be out of this range shortly
it could reverse down at any point I suppose but quite unlikely for the coming week
its heading back up to the top of the range, you know how it moves
and of course it looks like its forming a head and shoulders, but after it gets up some more and comes down a little then up up way more we will be out of this range shortly
- Post #22,943
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- Jan 7, 2017 5:22pm Jan 7, 2017 5:22pm
BWHAHAHAHA and all these shorts just confirmed its going up for sure!
are you kidding me? WHo do you think fuels the fires? for all those longs in profit since we have been running up for 17 weeks or something?
look at those states and trades so telling, anyone short yet?
I shorted GBP/JPY once almost all the way up to 251.XX needless to say I was long dead before we finally reached the top, choose your tops well, this is not the time for a LT reversal, if it breaks the trend line it will only fall to 23.6% at 142.70, so Ok then short here for 100 pips down, then load up on longs ;0
are you kidding me? WHo do you think fuels the fires? for all those longs in profit since we have been running up for 17 weeks or something?
look at those states and trades so telling, anyone short yet?
I shorted GBP/JPY once almost all the way up to 251.XX needless to say I was long dead before we finally reached the top, choose your tops well, this is not the time for a LT reversal, if it breaks the trend line it will only fall to 23.6% at 142.70, so Ok then short here for 100 pips down, then load up on longs ;0
- Post #22,945
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- Jan 9, 2017 5:17am Jan 9, 2017 5:17am
i have no idea why GBPJPY is dropping - but i have some shorts on .. i really thought this would be going up 
- Post #22,947
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- Jan 9, 2017 9:18am Jan 9, 2017 9:18am
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
- Post #22,950
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- Jan 9, 2017 6:22pm Jan 9, 2017 6:22pm
WFT. Sterling flash crash again. Half of my account is gone!!! So mad right now!!! {image}
- Post #22,954
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- Jan 9, 2017 9:35pm Jan 9, 2017 9:35pm
- Joined Feb 2012 | Status: Trade like Water | 3,283 Posts
Let Market Tell You
- Post #22,956
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- Jan 10, 2017 1:02am Jan 10, 2017 1:02am
I will get my head around this, but always can be wrong
- Post #22,958
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- Jan 10, 2017 4:04am Jan 10, 2017 4:04am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,046 Posts
{quote} Update : Time to manage the risk {image}
Update : time to lock profit (from covering action)
Money moves the market, not an indicator.
- Post #22,959
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- Edited at 5:48pm Jan 10, 2017 5:23am | Edited at 5:48pm
- Joined Nov 2009 | Status: Member | 2,582 Posts