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GBP/JPY

  • #2,301
  • Jun 4, 2020 4:04pm Jun 4, 2020 4:04pm
YELLOW OR GREEN ?
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  • #2,302
  • Jun 4, 2020 7:05pm Jun 4, 2020 7:05pm
My target now is 140.6xx. Closed short at breakeven.

Cheers

Disclaimer: This is not a trade advice. Follow your own plan.
WARNING: This post warps space and time in its vicinity.
  • #2,303
  • Jun 4, 2020 11:32pm Jun 4, 2020 11:32pm
GJ - no sign of weakness yet, up move will continue.

GU - Absorbing weak shorts, should move up higher.

UJ - Showing weakness on daily but need to wait for reversal PA.
  • #2,304
  • Jun 5, 2020 8:43am Jun 5, 2020 8:43am
if I am going to count how many possible pattern GJ have on daily we have 2 and 3rd one is a wrong cup and handle but I will consider it correct. I have market all their targets which is located between 139.90 to 140.90

therefor am going to start selling once we reach RED circle
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  • #2,305
  • Jun 5, 2020 8:50am Jun 5, 2020 8:50am
Quoting abhilash
Looking @ 135.50 target for this week and 138/139 area later. 133 / 133.25 is a good area to long if it retraces.
139 Target reached. Next up is 141 area.

Trades locked in now. I will exit longs @ 141 and watch PA for shorts.

Have a great weekend all.
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  • #2,306
  • Jun 5, 2020 8:52am Jun 5, 2020 8:52am
Quoting msniper
if I am going to count how many possible pattern GJ have on daily we have 2 and 3rd one is a wrong cup and handle but I will consider it correct. I have market all their targets which is located between 139.90 to 140.90 therefor am going to start selling once we reach RED circle {image}
Liked your trade plan, I have the same plan in my mind.
  • #2,307
  • Jun 5, 2020 10:11am Jun 5, 2020 10:11am
Quoting WizardTrade
My target now is 140.6xx. Closed short at breakeven. Cheers Disclaimer: This is not a trade advice. Follow your own plan.

Took out profits in 100+ pips. Have a great weekend. Trade Safe.

Cheers.
WARNING: This post warps space and time in its vicinity.
  • #2,308
  • Jun 8, 2020 1:32pm Jun 8, 2020 1:32pm
I was looking at EJ and how we breakup the downtrend

anyone think it will retest the blue line and shoot up 1000pips ?

would GJ follow EJ if this up move happen

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  • #2,309
  • Jun 8, 2020 1:44pm Jun 8, 2020 1:44pm
Quoting msniper
I was looking at EJ and how we breakup the downtrend anyone think it will retest the blue line and shoot up 1000pips ? would GJ follow EJ if this up move happen {image}
I will wait for EJ to break above 123.2xx so that any long position again be reinstated. Till then I am on sidelines on EJ. Trade Safe. Will update once I see confirmation

candles forming up to help out the bulls.

Cheers.
WARNING: This post warps space and time in its vicinity.
  • #2,310
  • Jun 9, 2020 8:22am Jun 9, 2020 8:22am
what I see at the moment
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  • #2,311
  • Jun 10, 2020 1:34am Jun 10, 2020 1:34am
this is a SHS?
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https://investizo.com/investment/view?server=1&login=2141779119
  • #2,312
  • Jun 10, 2020 2:17am Jun 10, 2020 2:17am
Quoting msniper
what I see at the moment {image}
We have a double bottom on 1H at 136.25, I think we should see a retest of the highs and possible target 141.20 area.
Trade what you see, not what you think.
  • #2,313
  • Jun 10, 2020 3:00am Jun 10, 2020 3:00am
how about this

Quoting dondealova
how about this {image}
I am waiting for a signal to buy
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https://investizo.com/investment/view?server=1&login=2141779119
  • #2,314
  • Jun 10, 2020 4:15am Jun 10, 2020 4:15am
Quoting karmostaji
{quote} We have a double bottom on 1H at 136.25, I think we should see a retest of the highs and possible target 141.20 area.
things not looking good bro

I might enter sell from now 136.95 with SL 137.40

the beast is going down to complete right shoulder
  • #2,315
  • Jun 10, 2020 4:28am Jun 10, 2020 4:28am
Quoting msniper
{quote} things not looking good bro I might enter sell from now 136.95 with SL 137.40 the beast is going down to complete right shoulder
I'll sell only if we break 136.25 area and 4h 50ema, otherwise will be looking for possible long positions.
Trade what you see, not what you think.
  • #2,316
  • Jun 10, 2020 4:58am Jun 10, 2020 4:58am
Quoting karmostaji
{quote} I'll sell only if we break 136.25 area and 4h 50ema, otherwise will be looking for possible long positions.
I will long if I get reversal signals near 135.70 area if not then I will keep holding short
  • #2,317
  • Jun 10, 2020 5:05am Jun 10, 2020 5:05am
we could see some bullish action going on in JXY, helping with the short in GBPJPY
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  • #2,318
  • Jun 10, 2020 5:46am Jun 10, 2020 5:46am
136.62 last bear action ? i'm in buy SL 40 pips from low
https://investizo.com/investment/view?server=1&login=2141779119
  • #2,319
  • Jun 10, 2020 5:56am Jun 10, 2020 5:56am
Quoting dondealova
136.62 last bear action ? i'm in buy SL 40 pips from low
watchout 137.20 if not hit..i'm out
https://investizo.com/investment/view?server=1&login=2141779119
  • #2,320
  • Jun 10, 2020 6:00am Jun 10, 2020 6:00am
Quoting dondealova
136.62 last bear action ? i'm in buy SL 40 pips from low
Just watching for the moment; price is returning to the horizontal market zone, it has being there since yesterday, barely after NY opening
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