DislikedIf GJ "drops like a stone again" from here, it will be confirmed that Mr Breakout is a witch.Ignored
The next stop is 138.50, at least...
PS: As always, trade at your own risk.
Enter The Dragon - GBP/JPY 2 replies
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***Dragon II*** 15 replies
DislikedIf GJ "drops like a stone again" from here, it will be confirmed that Mr Breakout is a witch.Ignored
Disliked{quote} It's possible, but although I am short GBP/JPY (from the gap point) something is still bothering me : that nasty potential breakout to the upside from the descending channel (see 1h chart below). Let's just hope it's a false breakout, or a least a short-lived one, otherwise this could change the whole scenario! For example a clear breakout above 142.35 could spell trouble for the short sellers... {quote} Have a good weekend too, and thanks for the rose {image}Ignored
Disliked{quote} It's possible, but although I am short GBP/JPY (from the gap point) something is still bothering me : that nasty potential breakout to the upside from the descending channel (see 1h chart below). Let's just hope it's a false breakout, or a least a short-lived one, otherwise this could change the whole scenario! For example a clear breakout above 142.35 could spell trouble for the short sellers... {quote} Have a good weekend too, and thanks for the rose {image}Ignored
Disliked{quote} Do you ever have any bad trades... you must be a Guru..lol you should post your results I would like to subscribeIgnored
DislikedBeware the likely breakout coming next week, they just need a little news event in london to trigger a nice run up, expect it.Ignored
DislikedI'll be watching for a possible "weekend gap" up that can be shorted. After that, maybe a long to the 142.50 area. {image}Ignored
DislikedI closed the short position (from 142.30) and went long at 141.64. It seems that we now have a new reality (possible breakout in progress from a descending channel, see the chart I posted on Friday). https://www.forexfactory.com/attachm...0&d=1497641726 Always go with the flow and adapt to continuously changing new realities, that's the secret right there...Ignored
DislikedH1 BELOW===>@141.822====>141.462=====>141.140=====>141.004 ABOVE===>141.823======>142.342=====>{Break_over}====>142.550 {image}Ignored
Disliked{quote} Hello Mr, As per the chart, there is a chance for the pair to short. Are you still holding your long on this?Ignored