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GBP/JPY

  • #2,441
  • Jun 22, 2020 12:42am Jun 22, 2020 12:42am
Going with the trend. looking to sell waiting for a confirmation candle.
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  • #2,442
  • Jun 22, 2020 12:49am Jun 22, 2020 12:49am
scailing in short now at 132.42 will add at th pivot if it gets there 132.70
Its all just one persons opinion
  • #2,443
  • Jun 22, 2020 1:08am Jun 22, 2020 1:08am
Quoting axecap
scailing in short now at 132.42 will add at th pivot if it gets there 132.70
adding short here again. 132.27
Its all just one persons opinion
  • #2,444
  • Jun 22, 2020 1:42am Jun 22, 2020 1:42am
15m bouncing on 75 ema as support, was resistance. maybe have to wait for a rejection on 200sma.

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Its all just one persons opinion
  • #2,445
  • Jun 22, 2020 2:12am Jun 22, 2020 2:12am
I prefer to wait until price reach 133.50 as it is the price where last support had broken.
  • #2,446
  • Jun 22, 2020 2:48am Jun 22, 2020 2:48am
closed shorts....reavaulate at fridays high 133.25
Its all just one persons opinion
  • #2,447
  • Jun 22, 2020 4:35am Jun 22, 2020 4:35am
i think its not good to short GJ on monday may be end of tuesday

we have some shortterm bullishness
  • #2,448
  • Jun 22, 2020 4:51am Jun 22, 2020 4:51am
very dangerous and tricky week it will be especially we are near monthly closed

notice the identical weekly candles and always open gap down beginning of the week and go up
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  • #2,449
  • Jun 22, 2020 4:55am Jun 22, 2020 4:55am
I just short GJ @132.696 SL 133.13
  • #2,450
  • Jun 22, 2020 7:08am Jun 22, 2020 7:08am
Quoting msniper
very dangerous and tricky week it will be especially we are near monthly closed notice the identical weekly candles and always open gap down beginning of the week and go up {image}
I noticed that too, I think price might go up and retest the highs again (139-140) before the end of the month.. Anyways we have to take it zone by zone, so lets see if price can get back above 134 area first.
Trade what you see, not what you think.
  • #2,451
  • Jun 22, 2020 2:15pm Jun 22, 2020 2:15pm
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
Thanks!
  • #2,452
  • Jun 22, 2020 6:08pm Jun 22, 2020 6:08pm
Possibly heading for 135.56 forming a head and shoulders on D1 . some resistance at 133.70
Its all just one persons opinion
  • #2,453
  • Jun 22, 2020 11:41pm Jun 22, 2020 11:41pm
looks like its a place to sell
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  • #2,454
  • Jun 22, 2020 11:56pm Jun 22, 2020 11:56pm
i shorted 133.62 take profit below 131.60 maybe around 130.90
  • #2,455
  • Jun 23, 2020 12:10am Jun 23, 2020 12:10am
Quoting msniper
i shorted 133.62 take profit below 131.60 maybe around 130.90
where is your SL?
  • #2,456
  • Jun 23, 2020 12:42am Jun 23, 2020 12:42am
Quoting forexbaby202
{quote} where is your SL?
i dont have sl at the moment

but if u insist in using one then sl 4h candle close above 133.85 cause it mean we will visit 134.75 if that happened

but even if GJ go 135 i am still selling that thing
  • #2,457
  • Jun 23, 2020 1:12am Jun 23, 2020 1:12am
Quoting msniper
{quote} i dont have sl at the moment but if u insist in using one then sl 4h candle close above 133.85 cause it mean we will visit 134.75 if that happened but even if GJ go 135 i am still selling that thing
Thanks a lot.
  • #2,458
  • Jun 23, 2020 1:14am Jun 23, 2020 1:14am
I've been long since 132.50 and market structure on hourly is still bullish, I think we will have another crack at the high and possibly break upwards.

Anyways trade is risk free, so popping some patience pills
Trade what you see, not what you think.
  • #2,459
  • Jun 23, 2020 1:27am Jun 23, 2020 1:27am
Quoting karmostaji
I've been long since 132.50 and market structure on hourly is still bullish, I think we will have another crack at the high and possibly break upwards. Anyways trade is risk free, so popping some patience pills
there is a cup and handle with a target around 134.20 but i am leaning on the downtrend channel to hold

lets see

i have good experience with GJ candles

that 1 hour long pin will be revisit fully soon even if GJ make new high
  • #2,460
  • Jun 23, 2020 2:22am Jun 23, 2020 2:22am
trying a short here @ 133.87
Its all just one persons opinion
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