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Dragon Riders GBP/JPY

  • #28,621
  • Jun 22, 2018 6:07am Jun 22, 2018 6:07am
The pair is at 146.40 and I think it may rally toward 147.00.
  • #28,622
  • Jun 24, 2018 6:34pm Jun 24, 2018 6:34pm
I'm short on gbpjpy this morning. Next tp 145.05.
  • #28,623
  • Jun 25, 2018 7:20am Jun 25, 2018 7:20am
I thought about shorting too, but ultimately decided against the idea, the pair seems undecided to me.
  • #28,624
  • Jun 25, 2018 8:22am Jun 25, 2018 8:22am
I followed up some news on gbpjpy. If it breaks below 144.3 is confirmed negative outlook. If it doesn't its bullish up to 149/150.
  • #28,625
  • Jun 25, 2018 12:06pm Jun 25, 2018 12:06pm
Should we sell or buy GBP/JPY? Any advice? Thank you.
  • #28,626
  • Jun 25, 2018 1:24pm Jun 25, 2018 1:24pm
Quoting MisserJereLo
Should we sell or buy GBP/JPY? Any advice? Thank you.

Nobody knows. And if anyone gives you advice, it will most probably be wrong.

Just find your edge; maybe its just finding a trend or something else; and follow your own direction or your take or own method.
  • #28,627
  • Jun 25, 2018 6:28pm Jun 25, 2018 6:28pm
Is anyone on bulls? If so what is ur target?
  • #28,628
  • Jun 26, 2018 6:21am Jun 26, 2018 6:21am
Quoting mah.sarah
Is anyone on bulls? If so what is ur target?
Why do you think it's time for longs?
  • #28,629
  • Jun 27, 2018 12:55am Jun 27, 2018 12:55am
I'm short now on both eurjpy and gbpjpy.
  • #28,630
  • Jun 27, 2018 1:36am Jun 27, 2018 1:36am
Quoting mah.sarah
I'm short now on both eurjpy and gbpjpy.
Difficult call, It appears that GBPUSD is a position that it could either break up or down, and that would influence GBPJPY's direction. But I think a short may be a better bet. I went short earlier and got stopped out.
  • #28,631
  • Jun 27, 2018 2:10am Jun 27, 2018 2:10am
GBPUSD moved up to its daily CP pivot and most probably stay around there until Carney's speech, and then it should tumble down, taking Dragon with it. ha ha; who knows? (I think Carney is a bit of a dove)
  • #28,632
  • Jun 27, 2018 2:53am Jun 27, 2018 2:53am
GBP starting to anticipate Carney's speech. Most GBP pairs are starting to move.
  • #28,633
  • Jun 27, 2018 3:04am Jun 27, 2018 3:04am
Quoting LetsTrade
GBP starting to anticipate Carney's speech. Most GBP pairs are starting to move.
Question is: Why are they moving down?
  • #28,634
  • Jun 27, 2018 3:10am Jun 27, 2018 3:10am
Quoting JeremyV
{quote} Question is: Why are they moving down?
My take: :Carney's is a dove. i.e he mostly stays on the negative side rather than the positive outlook. And of course central bankers have big influence on currencies.
  • #28,635
  • Jun 27, 2018 3:14am Jun 27, 2018 3:14am
Should go long right before the speech, I went long too soon ugh
  • #28,636
  • Jun 27, 2018 3:22am Jun 27, 2018 3:22am
Someone might guess that they manipulated price down to the round number and now the big money buys.
  • #28,637
  • Jun 27, 2018 3:26am Jun 27, 2018 3:26am
Quoting JeremyV
Someone might guess that they manipulated price down to the round number and now the big money buys.
I agree: that mostly happens and we don't know what will happen until his speech.
  • #28,638
  • Jun 27, 2018 7:53am Jun 27, 2018 7:53am
By the looks of things the depreciation may continue, I think.
  • #28,639
  • Jun 27, 2018 12:21pm Jun 27, 2018 12:21pm
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  • #28,640
  • Jun 27, 2018 1:37pm Jun 27, 2018 1:37pm
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