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GBP/JPY

  • #2,181
  • May 15, 2020 5:16am May 15, 2020 5:16am
4h gann still holding I enter long t 130.71 with SL 130.10 or 4h candle close below 130.50
  • #2,182
  • May 15, 2020 6:05am May 15, 2020 6:05am
Quoting msniper
4h gann still holding I enter long t 130.71 with SL 130.10 or 4h candle close below 130.50
I stopped loss at 130.51 minus 20 pips
things not good

GJ will keep going down again
  • #2,183
  • May 15, 2020 6:32am May 15, 2020 6:32am
GJ made a bear flag

I enter short at 130.50
SL 131.42
TP 128.80
  • #2,184
  • May 15, 2020 7:59pm May 15, 2020 7:59pm
My geppy setup for my trades in coming days/weeks.

Good luck to all.
Attached Image (click to enlarge)
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  • #2,185
  • May 16, 2020 3:46am May 16, 2020 3:46am
Quoting FXSal
My geppy setup for my trades in coming days/weeks. Good luck to all. {image}
ur target is correct 118 and 119 is my target zone

but the counting there are many counting that can give u same target not sure which count will be correct

not sure if we will see above 135 before the 119 !
  • #2,186
  • May 16, 2020 5:18am May 16, 2020 5:18am
Quoting msniper
{quote} ur target is correct 118 and 119 is my target zone but the counting there are many counting that can give u same target not sure which count will be correct not sure if we will see above 135 before the 119 !
Hi msniper

Yes i know, the elliott wave count can change any time. no guarantee unfortunatley.
  • #2,187
  • May 17, 2020 12:06pm May 17, 2020 12:06pm
Weekly - A bearish candle close below 132.00 level after 6 weekly candles failing to do so.
Daily - Daily candle closed below 130.50 support area.
4H - Price is below 50ema, gann hilo.

Everything is looking bearish to me as long as price remains below 131.30, and I will sell any kind of retracement until that level. Next possible targets are 61.8% fib @ 128.50 and then 78.6% fib @ 126.50

Keep it simple & Good luck for the week
Trade what you see, not what you think.
  • #2,188
  • May 17, 2020 2:00pm May 17, 2020 2:00pm
gbpjpy shorts are going all in ?

Attached Image
COT: The precious data ignored
  • #2,189
  • May 18, 2020 3:21am May 18, 2020 3:21am
We should see some resistance in the area of 130.00 to 130.20
Trade what you see, not what you think.
  • #2,190
  • May 18, 2020 7:54am May 18, 2020 7:54am
maybe its good idea to sell GJ at 130.62 now to target below 129
  • #2,191
  • May 18, 2020 8:11am May 18, 2020 8:11am
the same Short GY 130.60-70 tp 130.30 and 129.95
  • #2,192
  • May 18, 2020 8:11am May 18, 2020 8:11am
I exit my short at entry level

I think shorting is dangerous now and GJ is going to keep flying
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  • #2,193
  • May 18, 2020 8:18am May 18, 2020 8:18am
Quoting msniper
I exit my short at entry level I think shorting is dangerous now and GJ is going to keep flying {image}
I'm not convinced, I think shorts are still in play unless GJ breaks last high of 131.40

Not easy to trade this beast
Trade what you see, not what you think.
  • #2,194
  • May 18, 2020 8:49am May 18, 2020 8:49am
Sell Limit @131.20/30
https://investizo.com/investment/view?server=1&login=2141779119
  • #2,195
  • May 18, 2020 10:38am May 18, 2020 10:38am
short from 131.08 still short from 132.57
  • #2,196
  • May 18, 2020 12:02pm May 18, 2020 12:02pm
Quoting karmostaji
{quote} I'm not convinced, I think shorts are still in play unless GJ breaks last high of 131.40 Not easy to trade this beast
I like that 4h pin bar, I would like to see the daily candle close even lower than here.
Trade what you see, not what you think.
  • #2,197
  • May 19, 2020 12:06am May 19, 2020 12:06am
Quoting karmostaji
{quote} I like that 4h pin bar, I would like to see the daily candle close even lower than here.
Didn't get the daily close lower but atleast we didn't get a bullish engulfing close. It is looking ready to go down from here as long as we don't break 131.40

It's time to pop some patience pills I think
Trade what you see, not what you think.
  • #2,198
  • May 19, 2020 1:20am May 19, 2020 1:20am
Quoting karmostaji
{quote} Didn't get the daily close lower but atleast we didn't get a bullish engulfing close. It is looking ready to go down from here as long as we don't break 131.40 It's time to pop some patience pills I think
That didn't take long to kill me got stopped out
Trade what you see, not what you think.
  • #2,199
  • May 19, 2020 3:55am May 19, 2020 3:55am
I exit my small longs

4h candle close inside this channel now I think I will sell

SL maybe 132.50
Attached Image (click to enlarge)
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  • #2,200
  • May 19, 2020 4:02am May 19, 2020 4:02am
Quoting msniper
I exit my small longs 4h candle close inside this channel now I think I will sell SL maybe 132.50 {image}
forget about it GJ closed above the down channel that's bullish not good to go short
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