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GBP/JPY

  • #2,081
  • May 1, 2020 5:19pm May 1, 2020 5:19pm
Quoting msniper
GJ is going crazy yesterday long green candle and today long red candle. I think breaking 131.88 means the top is placed and the downtrend will resume so 131.88 is the key so far
price retraced and retesting the 133.50 area as support now, if it holds then it could go up and beyond 135.30 area.
Trade what you see, not what you think.
  • #2,082
  • May 3, 2020 7:37pm May 3, 2020 7:37pm
Long 132.66-86 tp 133.11
  • #2,083
  • May 3, 2020 11:00pm May 3, 2020 11:00pm
T/P long GY at 133.00 now small at 133.11
  • #2,084
  • May 4, 2020 12:54am May 4, 2020 12:54am
the bullish scenario remain as long 131.85 hold or else we going to fall hard
Attached Image (click to enlarge)
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  • #2,085
  • May 4, 2020 5:25am May 4, 2020 5:25am
Not up for a short anytime soon
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.PNG Size: 44 KB
Precise Execution!
  • #2,086
  • May 4, 2020 6:42am May 4, 2020 6:42am
Quoting varun76
Not up for a short anytime soon {image}
u mean u r long ?
  • #2,087
  • May 4, 2020 8:28am May 4, 2020 8:28am
Quoting msniper
{quote} u mean u r long ?
Not at the moment but yes I will favor long than going short for a quick rundown. I guess stop loss haunt for longs.
Precise Execution!
  • #2,088
  • May 4, 2020 8:41am May 4, 2020 8:41am
Daily looks bearish

Attached Image


But looking at H4 (not uploaded) it looks buying
COT: The precious data ignored
  • #2,089
  • May 4, 2020 9:06am May 4, 2020 9:06am
Quoting kuroro001
Daily looks bearish {image} But looking at H4 (not uploaded) it looks buying
Hopefully the downtrends end.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpym-m30-exness-technologies-ltd-2.png Size: 40 KB
  • #2,090
  • May 4, 2020 10:27am May 4, 2020 10:27am
Quoting bazzer14
{quote} Hopefully the downtrends end. {image}
Maybe a test below where there are the circles
I'm patient

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 14 KB
COT: The precious data ignored
  • #2,091
  • May 4, 2020 1:53pm May 4, 2020 1:53pm
Quoting msniper
the bullish scenario remain as long 131.85 hold or else we going to fall hard {image}
Agree, this consolidation is getting boring....
Trade what you see, not what you think.
  • #2,092
  • May 4, 2020 1:56pm May 4, 2020 1:56pm
Quoting karmostaji
{quote} Agree, this consolidation is getting boring....
Usually, the more boring the consolidation, the stronger the run up.
  • #2,093
  • May 4, 2020 3:53pm May 4, 2020 3:53pm
Quoting karmostaji
{quote} Agree, this consolidation is getting boring....
so far daily gann hilo is holding
  • #2,094
  • May 4, 2020 5:49pm May 4, 2020 5:49pm
Japan holiday, might have some residual flows.
  • #2,095
  • May 5, 2020 2:22am May 5, 2020 2:22am
It's struggling to break the 133.10 resistance area, might take a dive to the 132 support area before reversing.
Trade what you see, not what you think.
  • #2,096
  • May 5, 2020 3:02am May 5, 2020 3:02am
Quoting karmostaji
It's struggling to break the 133.10 resistance area, might take a dive to the 132 support area before reversing.
true

might make fake break to 131.88 also then fly lol
  • #2,097
  • May 5, 2020 3:08am May 5, 2020 3:08am
Quoting msniper
{quote} true might make fake break to 131.88 also then fly lol
It's known for that, take out the stops as usual
Trade what you see, not what you think.
  • #2,098
  • May 5, 2020 6:02am May 5, 2020 6:02am
Thursday interest rate for GBP so we might see slow GBP until that day I guess
  • #2,099
  • May 5, 2020 9:11am May 5, 2020 9:11am
Short GJ. I believe it will push down.

H4
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-05-05-GJ-H4-01.png Size: 19 KB
  • #2,100
  • May 5, 2020 8:52pm May 5, 2020 8:52pm
Wait to long at 131.80-90 tp 132.25
BOE meeting will make this pair big reversion. be cautious!
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