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GBP/JPY

  • #2,381
  • Jun 17, 2020 4:07pm Jun 17, 2020 4:07pm
Quoting karmostaji
{quote} I've tightened stops and will sit tight until London open and see.. I rather get stopped out for some profit than get out now and then watch it fall..
what is ur stoploss ?
  • #2,382
  • Jun 17, 2020 5:34pm Jun 17, 2020 5:34pm
Quoting karmostaji
{quote} Bulls vs Bears fighting at support area..
Hay Karmo.. Long, long time ,no hear. Been out of trading for a while. Knew you back in the Auslanco era. Hope things are fine. Just dropped in to say Hi. Looked for the QQE, but it seems it is now a thing of the past. Cheers. AuzzieAl.
  • #2,383
  • Jun 17, 2020 8:03pm Jun 17, 2020 8:03pm
Inverted hammer on H4?
Never let success get to your head because the market will punish you
  • #2,384
  • Jun 17, 2020 11:16pm Jun 17, 2020 11:16pm
Quoting msniper
{quote} what is ur stoploss ?
Just slightly above the 4h gann, we need to break the low of 133.70 ish soon otherwise will consider jump ship.. but the chart on multiple TF's are still showing bearish sign, so need to have some more patience.

Need to maximize profit as I had many silly/dumb losses lately
Trade what you see, not what you think.
  • #2,385
  • Jun 17, 2020 11:26pm Jun 17, 2020 11:26pm
Quoting auzzieal
{quote} Hay Karmo.. Long, long time ,no hear. Been out of trading for a while. Knew you back in the Auslanco era. Hope things are fine. Just dropped in to say Hi. Looked for the QQE, but it seems it is now a thing of the past. Cheers. AuzzieAl.
Hi AuzzieAl, yeah been on & off here and trading the last 13+ years (Damn feels like I'm old LOL). I'm doing well thank you, hope things are okay on your side too. The QQE/Gann are all attached to this thread I believe, anyways if you still need them then I'll share it, I still do use them among other things.
Trade what you see, not what you think.
  • #2,386
  • Jun 17, 2020 11:40pm Jun 17, 2020 11:40pm
what if we are building a 5-0 bullish pattern hummmm
Attached Image (click to enlarge)
Click to Enlarge Name: b1.jpg Size: 148 KB
  • #2,387
  • Jun 18, 2020 1:37am Jun 18, 2020 1:37am
Quoting msniper
what if we are building a 5-0 bullish pattern hummmm {image}
We might see a retest of 134.60 area and hopefully a rejection and then lower, if it breaks above that then I'll get out.
Trade what you see, not what you think.
  • #2,388
  • Jun 18, 2020 2:04am Jun 18, 2020 2:04am
Quoting karmostaji
{quote} We might see a retest of 134.60 area and hopefully a rejection and then lower, if it breaks above that then I'll get out.
or maybe not
Trade what you see, not what you think.
  • #2,389
  • Jun 18, 2020 6:50am Jun 18, 2020 6:50am
Quoting karmostaji
{quote} or maybe not

hehe too many maybe

what i dont like GJ is clear bearish and GU is mixed
  • #2,390
  • Jun 18, 2020 6:56am Jun 18, 2020 6:56am
Waiting for price action at 132.8x for possible buy entry
  • #2,391
  • Jun 18, 2020 6:57am Jun 18, 2020 6:57am
well this pattern work in GU and make GJ bounce hummm
Attached Image
  • #2,392
  • Jun 18, 2020 7:00am Jun 18, 2020 7:00am
Quoting msniper
{quote} hehe too many maybe what i dont like GJ is clear bearish and GU is mixed
We are in the 'maybe' business my friend lol

Anyways I'm still holding my short positions and GJ continues to fall, waiting for the big one hopefully
Trade what you see, not what you think.
  • #2,393
  • Jun 18, 2020 7:05am Jun 18, 2020 7:05am
Quoting karmostaji
{quote} We are in the 'maybe' business my friend lol Anyways I'm still holding my short positions and GJ continues to fall, waiting for the big one hopefully
its falling nice

it fell another 100pips after i exit my short lol

but i am still scared of a bounce honestly

the cable has a nice up trend and we sitting on it now
  • #2,394
  • Jun 18, 2020 7:07am Jun 18, 2020 7:07am
Which area would be advised to enter BUY in GJ?
Whatever the mind can Conceive, it can achieve it.
  • #2,395
  • Jun 18, 2020 7:18am Jun 18, 2020 7:18am
Quoting 4xstore2012
Which area would be advised to enter BUY in GJ?
which area means u wanna pick a bottom that's dangerous just wait for breaking downtrend then think of going long
  • #2,396
  • Jun 18, 2020 7:25am Jun 18, 2020 7:25am
Quoting msniper
{quote} which area means u wanna pick a bottom that's dangerous just wait for breaking downtrend then think of going long
Thanks for the response. I will take my time.
Whatever the mind can Conceive, it can achieve it.
  • #2,397
  • Jun 18, 2020 7:33am Jun 18, 2020 7:33am
Quoting 4xstore2012
{quote} Thanks for the response. I will take my time.
Remember price doesn't go up or down in a straight line, so be patient and wait for the downtrend structure to break and then look to buy if there are bullish signs.

Never trying picking a bottom or top, I've tried it hundred of times and burned my fingers lol, so protect your capital & good luck trading
Trade what you see, not what you think.
  • #2,398
  • Jun 18, 2020 8:11am Jun 18, 2020 8:11am
The 4h bar close is bearish, it could fall a further few hundred pips.

Patience
Trade what you see, not what you think.
  • #2,399
  • Jun 18, 2020 8:20am Jun 18, 2020 8:20am
Quoting karmostaji
The 4h bar close is bearish, it could fall a further few hundred pips. Patience
i doubt that

in 1 or 2 hours i am expecting GU to bounce at least 100 to 300 pips

so might take GJ up also

unless UJ will fall and drag GJ with it lol
  • #2,400
  • Jun 18, 2020 11:39am Jun 18, 2020 11:39am
Quoting msniper
{quote} i doubt that in 1 or 2 hours i am expecting GU to bounce at least 100 to 300 pips so might take GJ up also unless UJ will fall and drag GJ with it lol
I’ve closed my shorts at 132.60 area as I suspect this area is support on daily/4h and could bounce, so I’m happy with 325 pips for the week

Will be back next week
Trade what you see, not what you think.
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