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GBP/JPY

  • #2,001
  • Mar 19, 2020 11:12pm Mar 19, 2020 11:12pm
Quoting msniper
GJ now 128 I see it going to 131 area 4h candle should never close below 125.70 for this scenario to be valid
38.2% Fib is 131.94
Trade what you see, not what you think.
  • #2,002
  • Mar 20, 2020 10:53am Mar 20, 2020 10:53am
Quoting karmostaji
{quote} 38.2% Fib is 131.94
Done

Stay safe
Trade what you see, not what you think.
  • #2,003
  • Mar 20, 2020 5:08pm Mar 20, 2020 5:08pm
next week I will be looking to sell GJ

my mid term target is 113 and 117
  • #2,004
  • Mar 22, 2020 10:02am Mar 22, 2020 10:02am
Quoting msniper
next week I will be looking to sell GJ my mid term target is 113 and 117
Will see how the chart develops, it might go up to the 50% fib or higher.
Trade what you see, not what you think.
  • #2,005
  • Mar 22, 2020 10:40am Mar 22, 2020 10:40am
Hi guys, Here my simple analysis.

Price already bouncing of monthly lows and 4 hour showing signs of an uptrend.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy1.png Size: 88 KB
  • #2,006
  • Mar 22, 2020 11:32am Mar 22, 2020 11:32am
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-03-23_2-30-22 gj.jpg Size: 263 KB


Will the golden trendline hold?
  • #2,007
  • Mar 24, 2020 9:56am Mar 24, 2020 9:56am
Quoting karmostaji
{quote} Will see how the chart develops, it might go up to the 50% fib or higher.
are you still bearish ? I am bearish also but I start to see many analysis talking about GJ going 150 hummmm

cause I still feel we will go down to 117 and below
  • #2,008
  • Mar 24, 2020 10:06pm Mar 24, 2020 10:06pm
Quoting msniper
{quote} are you still bearish ? I am bearish also but I start to see many analysis talking about GJ going 150 hummmm cause I still feel we will go down to 117 and below
I'm neutral, I just grab a couple hundred pips whichever direction it goes
Trade what you see, not what you think.
  • #2,009
  • Mar 25, 2020 8:32am Mar 25, 2020 8:32am
Hey guys, noob here...
Gbp is historically low.
It s the best choice in the long way bet on the that going up?
Stay green
  • #2,010
  • Mar 25, 2020 8:38am Mar 25, 2020 8:38am
I see a chance to buy GJ with stop loss 4h candle close below yellow line
Attached Image (click to enlarge)
Click to Enlarge Name: gj44.jpg Size: 130 KB
  • #2,011
  • Mar 25, 2020 11:38pm Mar 25, 2020 11:38pm
Quoting msniper
I see a chance to buy GJ with stop loss 4h candle close below yellow line {image}
If 130.50 area holds, I think we will see 136.90 which is 61.8% Fib and daily 50ema.
Trade what you see, not what you think.
  • #2,012
  • Mar 27, 2020 1:06pm Mar 27, 2020 1:06pm
I exit my long before the weekend booked more than 400 pips

I will be looking to short between 135 to 139 depend its big range I might short small every 50pips up
  • #2,013
  • Apr 3, 2020 12:03am Apr 3, 2020 12:03am
Quoting karmostaji
{quote} If 130.50 area holds, I think we will see 136.90 which is 61.8% Fib and daily 50ema.
Still expecting to hit the 136.90 area
Trade what you see, not what you think.
  • #2,014
  • Apr 6, 2020 12:30am Apr 6, 2020 12:30am
Quoting karmostaji
{quote} Still expecting to hit the 136.90 area
I agree it looks bullish until now and will confirm if the top is breached

if u notice this last drop didn't overlap with top of wave 1 which might indicate we finished wave 4 and we in final wave 5
  • #2,015
  • Apr 6, 2020 4:32am Apr 6, 2020 4:32am
Quoting msniper
{quote} I agree it looks bullish until now and will confirm if the top is breached if u notice this last drop didn't overlap with top of wave 1 which might indicate we finished wave 4 and we in final wave 5
Might go as high as 142.50, will see how it reacts around 137..
Trade what you see, not what you think.
  • #2,016
  • Apr 6, 2020 1:34pm Apr 6, 2020 1:34pm
Quoting karmostaji
{quote} Might go as high as 142.50, will see how it reacts around 137..
what u think would be a good stop loss for this up move cause its hard to setup
  • #2,017
  • Apr 6, 2020 8:58pm Apr 6, 2020 8:58pm
Quoting msniper
{quote} what u think would be a good stop loss for this up move cause its hard to setup
yesterday we had a breakout from the bull flag but it has fallen back in it again..

I would say just below 132, but it's dangerous with this beast.. always trade with proper MM
Trade what you see, not what you think.
  • #2,018
  • Apr 7, 2020 2:26am Apr 7, 2020 2:26am
Quoting karmostaji
{quote} yesterday we had a breakout from the bull flag but it has fallen back in it again.. I would say just below 132, but it's dangerous with this beast.. always trade with proper MM
yah I went long few hours ago at 133.50 with SL 133.30 and it worked so far I am keeping it floating hopefully I see 136 area at least
  • #2,019
  • Apr 15, 2020 11:24pm Apr 15, 2020 11:24pm
I guess its time to short GJ at 134.63 with SL the high at 134.74
  • #2,020
  • Apr 15, 2020 11:58pm Apr 15, 2020 11:58pm
Quoting msniper
I guess its time to short GJ at 134.63 with SL the high at 134.74
As long as price remains below 135.35 then I expect GJ to fall, if the daily candle can close below 134 then I see this tanking a few hundred pips.
Trade what you see, not what you think.
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