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GBP/JPY

  • #2,461
  • Jun 23, 2020 2:33am Jun 23, 2020 2:33am
if 1H candle close above 133.80 i might SL and short again around 134.70 or 135
  • #2,462
  • Jun 23, 2020 2:59am Jun 23, 2020 2:59am
[quote=msniper;13020489]if 1H candle close above 133.80
looks to be holding but not much sign of downward momentum
Its all just one persons opinion
  • #2,463
  • Jun 23, 2020 3:04am Jun 23, 2020 3:04am
i stoploss my short now 133.82 with -20 pips

i will short again if it reach 134.70 or 135

i will never buy but also i dont want to see myself drawdown 100 or 150 pips
  • #2,464
  • Jun 23, 2020 3:06am Jun 23, 2020 3:06am
Quoting msniper
i stoploss my short now 133.82 with -20 pips i will short again if it reach 134.70 or 135 i will never buy but also i dont want to see myself drawdown 100 or 150 pips
Don't get married to a bias

Up or Down, the key is to bank those pips
Trade what you see, not what you think.
  • #2,465
  • Jun 23, 2020 3:12am Jun 23, 2020 3:12am
Quoting msniper
i stoploss my short now 133.82 with -20 pips i will short again if it reach 134.70 or 135 i will never buy but also i dont want to see myself drawdown 100 or 150 pips
im going to hang on a bit....m15 loos like it may close back below back below 133.8
Its all just one persons opinion
  • #2,466
  • Jun 23, 2020 3:13am Jun 23, 2020 3:13am
Quoting karmostaji
{quote} Don't get married to a bias Up or Down, the key is to bank those pips
of course, but only entering with the main trend is alsoa good idea
Its all just one persons opinion
  • #2,467
  • Jun 23, 2020 3:19am Jun 23, 2020 3:19am
Quoting karmostaji
{quote} Don't get married to a bias Up or Down, the key is to bank those pips

hehe true but i am confident that we will see below 131.60 and GU below 1.2200

we will have 2 to 3 days down move

if my estimation is correct maybe the sell start after 11 hours
  • #2,468
  • Jun 23, 2020 3:20am Jun 23, 2020 3:20am
Quoting axecap
{quote} of course, but only entering with the main trend is alsoa good idea
The trend depends on your strategy and the time frames you use, but ofcourse everyone has their style of trading
Trade what you see, not what you think.
  • #2,469
  • Jun 23, 2020 3:27am Jun 23, 2020 3:27am
Quoting karmostaji
{quote} The trend depends on your strategy and the time frames you use, but ofcourse everyone has their style of trading
sure everyone is right about trend direction depending on the time frame they are looking at . I was just meaning that only entering a trade in the direction of the main trend (higher time frame) is a legitimate strategy, without being married to a bias. The biggest moves happen in the shorter time frames in the same direction of the trend in the higher time frames.
Its all just one persons opinion
  • #2,470
  • Jun 23, 2020 3:33am Jun 23, 2020 3:33am
Quoting msniper
{quote} hehe true but i am confident that we will see below 131.60 and GU below 1.2200 we will have 2 to 3 days down move if my estimation is correct maybe the sell start after 11 hours
why 11 hours?
Its all just one persons opinion
  • #2,471
  • Jun 23, 2020 3:41am Jun 23, 2020 3:41am
Quoting axecap
{quote} why 11 hours?
some time based analysis
  • #2,472
  • Jun 23, 2020 3:48am Jun 23, 2020 3:48am
Quoting msniper
i stoploss my short now 133.82 with -20 pips i will short again if it reach 134.70 or 135 i will never buy but also i dont want to see myself drawdown 100 or 150 pips
Seems it's surviving.
  • #2,473
  • Jun 23, 2020 3:52am Jun 23, 2020 3:52am
Quoting axecap
{quote} im going to hang on a bit....m15 loos like it may close back below back below 133.8
adding to short here at 133.60
Its all just one persons opinion
  • #2,474
  • Jun 23, 2020 3:59am Jun 23, 2020 3:59am
Quoting axecap
{quote} adding to short here at 133.60
need the previously broken 1 hour trend line now acting as supppot to break...if not im out
Its all just one persons opinion
  • #2,475
  • Jun 23, 2020 4:01am Jun 23, 2020 4:01am
Quoting axecap
{quote} need the previously broken 1 hour trend line now acting as supppot to break...if not im out
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY66.png Size: 102 KB
Its all just one persons opinion
  • #2,476
  • Jun 23, 2020 4:11am Jun 23, 2020 4:11am
GJ is playing dirty games now maybe it doesnt want to go up lol ! damn it i exit the short
  • #2,477
  • Jun 23, 2020 4:18am Jun 23, 2020 4:18am
if we get a m15 candle close below yesterdays high and sma 75 , 133.39 then will add some more
Its all just one persons opinion
  • #2,478
  • Jun 23, 2020 4:31am Jun 23, 2020 4:31am
Quoting axecap
if we get a m15 candle close below yesterdays high and sma 75 , 133.39 then will add some more
final add to short, 133.35. TP for all positions set at 132.74 or m15 sma 200 whichever comes first.
Its all just one persons opinion
  • #2,479
  • Jun 23, 2020 5:06am Jun 23, 2020 5:06am
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
Got stopped out in profit, will wait and watch PA for now.
Trade what you see, not what you think.
  • #2,480
  • Jun 23, 2020 5:16am Jun 23, 2020 5:16am
Quoting msniper
GJ is playing dirty games now maybe it doesnt want to go up lol ! damn it i exit the short
lol... but.. its not pushing anylower... damn.. h4 is on downtrend. lets see how till end of the week,
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