GBP/JPY | Page 122 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Auslanco - GBP/JPY and GBP/USD (newstrade) 235,581 replies

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

GBP/USD, GBP/JPY trading, my journey 34 replies

Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies

Attachments: GBP/JPY
Exit Attachments

GBP/JPY

  • #2,421
  • Jun 19, 2020 10:31am Jun 19, 2020 10:31am
Quoting msniper
{quote} i exit now 132.77 with profit 30 pips i will hope for a bounce to sell again i wanna sell at 133.50 and 134 so lets see if i will guess the bounce right or i will miss it again lol
hehe my trade was right from the beginning but my greed to hope for a bounce to short higher was wrong and made me miss 100pips instead

but i call it a week

next week i expected we will have more side ways like a triagnle
  • #2,422
  • Jun 19, 2020 10:32am Jun 19, 2020 10:32am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYWeekly.png Size: 63 KB


As per my previous post, price is in the clear path for a further downside towards the 130.5 - 131 zone with a possible push further below back to 125 - 127 price zone
Let us see where the daily is going to close this week. If it aboves the 132.8 - 133, then a possible short term retracement towards 134 by next week. Otherwise, a further bearish move next week
keep it simple
  • #2,423
  • Jun 19, 2020 11:20am Jun 19, 2020 11:20am
Quoting ech33
{image} As per my previous post, price is in the clear path for a further downside towards the 130.5 - 131 zone with a possible push further below back to 125 - 127 price zone Let us see where the daily is going to close this week. If it aboves the 132.8 - 133, then a possible short term retracement towards 134 by next week. Otherwise, a further bearish move next week
Expecting it to retrace now to 132.53
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #2,424
  • Jun 20, 2020 3:23am Jun 20, 2020 3:23am
Quoting 4xstore2012
GJ is giving me headache. Do I exit my buy position and accept the loss for the week?
@4xstore2012,
What is your strategy? money/ risk management etc? and where is your stop loss?
How many % do you risk already?
If you can still tolerate the risk.. you can buy again.. its back to your money management

I think you got 4 option : wait until your stop loss hit, cut your losses, open buy again or open sell (reverse position or hedge)
you have to decide quickly because you are dealing with GJ...
preserve your capital first... wish you luck
  • #2,425
  • Jun 20, 2020 4:35am Jun 20, 2020 4:35am
Should shorts get super worried?

Attached Image
COT: The precious data ignored
  • #2,426
  • Jun 20, 2020 7:03am Jun 20, 2020 7:03am
Quoting forex baraka
{quote} Expecting it to retrace now to 132.53
Well unfortunately the week remain closes below 132 - 132.2, hence a further bearish move for the next week.

130.5 - 131 or lower, the next target possibly.
keep it simple
  • #2,427
  • Jun 20, 2020 11:02am Jun 20, 2020 11:02am
Quoting kuroro001
Should shorts get super worried? {image}
i am buying GBPs monday or tuesday it will be a day to bounce i think
  • #2,428
  • Jun 20, 2020 11:31am Jun 20, 2020 11:31am
Quoting msniper
{quote} i am buying GBPs monday or tuesday it will be a day to bounce i think
I would say the big winner of a bounce will be GBPJPY on the long run

JPY assets managers long are going all in
GBP traders are buying dips

It can go lower, but its being bought IMO
COT: The precious data ignored
  • #2,429
  • Jun 20, 2020 11:45am Jun 20, 2020 11:45am
Quoting msniper
{quote} i am buying GBPs monday or tuesday it will be a day to bounce i think
✔✔✔ I am buying too, and my TP 1.23987, thanks.
  • #2,430
  • Jun 20, 2020 4:14pm Jun 20, 2020 4:14pm
Quoting kuroro001
Should shorts get super worried? {image}
Hi, I am not so familiar with COT report. Do you mind explaining a little more about what you mean? Does the extreme range imply another swing back the other way or is it something else?
  • #2,431
  • Jun 21, 2020 1:30am Jun 21, 2020 1:30am
Quoting Learning2
{quote} Hi, I am not so familiar with COT report. Do you mind explaining a little more about what you mean? Does the extreme range imply another swing back the other way or is it something else?
This chart represents the assets managers positions.
AM are trend followers most of the time, but whenever they are hammering one side of the market it can be a sign that they will have to close their massive bets and market may reverse
Of course they can increase even more bit when i see such massive positions im out
COT: The precious data ignored
  • #2,432
  • Jun 21, 2020 1:57am Jun 21, 2020 1:57am
Quoting kuroro001
{quote} This chart represents the assets managers positions. AM are trend followers most of the time, but whenever they are hammering one side of the market it can be a sign that they will have to close their massive bets and market may reverse Of course they can increase even more bit when i see such massive positions im out
Technically it looks bearish and I expect risk off to accelerate next week...but will watch carefully in light of your comments.
Its all just one persons opinion
  • #2,433
  • Jun 21, 2020 2:19am Jun 21, 2020 2:19am
Quoting axecap
{quote} Technically it looks bearish and I expect risk off to accelerate next week...but will watch carefully in light of your comments.
Yes technically is a different thing
Good luck for the coming week mate
COT: The precious data ignored
  • #2,434
  • Jun 21, 2020 2:24am Jun 21, 2020 2:24am
Quoting kuroro001
{quote} Yes technically is a different thing Good luck for the coming week mate
cheers.....you too!
Its all just one persons opinion
  • #2,435
  • Jun 21, 2020 2:33am Jun 21, 2020 2:33am
Quoting axecap
{quote} cheers.....you too!
3 charts below, weekly, daily and h4
Lets see how it unfolds next week.

Maybe buying h4 for a bounce, sell daily after h4 big bounce....and buy the daily sell off for a big weekly buy

Who knows

Attached Image

Attached Image

Attached Image


Enjoy the end of the week end
COT: The precious data ignored
  • #2,436
  • Jun 21, 2020 2:44am Jun 21, 2020 2:44am
Quoting kuroro001
{quote} 3 charts below, weekly, daily and h4 Lets see how it unfolds next week. Maybe buying h4 for a bounce, sell daily after h4 big bounce....and buy the daily sell off for a big weekly buy Who knows {image} {image} {image} Enjoy the end of the week end
sounds like a plan....lets see. I think a test of last months low is on before we head up too much. That could happen very quickly and still fit your scenario.
Its all just one persons opinion
  • #2,437
  • Jun 21, 2020 5:51pm Jun 21, 2020 5:51pm
Quoting kuroro001
{quote} 3 charts below, weekly, daily and h4 Lets see how it unfolds next week. Maybe buying h4 for a bounce, sell daily after h4 big bounce....and buy the daily sell off for a big weekly buy Who knows {image} {image} {image} Enjoy the end of the week end
it will be just a normal bounce and new chance to sell

i still see GJ heading to 124
  • #2,438
  • Jun 21, 2020 5:52pm Jun 21, 2020 5:52pm
Quoting msniper
{quote} it will be just a normal bounce and new chance to sell i still see GJ heading to 124
Where will you sell from ?
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #2,439
  • Jun 21, 2020 8:03pm Jun 21, 2020 8:03pm
Quoting forex baraka
{quote} Where will you sell from ?
i dont have plan yet just watching until things clear
  • #2,440
  • Jun 21, 2020 11:55pm Jun 21, 2020 11:55pm
Quoting forex baraka
{quote} Where will you sell from ?
We don't give signals here, we are 90% of the time wrong so please don't follow blindly and trade at your own risk with proper risk/money management.
Trade what you see, not what you think.
0 traders viewing now