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GBP/JPY

  • #2,521
  • Jun 25, 2020 3:52am Jun 25, 2020 3:52am
Quoting kuroro001
I'll buy dips, long term i'm looking at 144 Is it good or too crazy ?
time will tell.....end of month, end of quarter...banks balancing. im taking ashort term view..
Its all just one persons opinion
  • #2,522
  • Jun 25, 2020 4:33am Jun 25, 2020 4:33am
Quoting axecap
{quote} time will tell.....end of month, end of quarter...banks balancing. im taking ashort term view..
Sure, short term we can have some nice dips

but...whenever i see the assets managers going long in all on the yen (near a top) i just don't follow their moves

Attached Image


And i feel like whenever they'll start unloading their massive longs...jpy will face such a big drop
COT: The precious data ignored
  • #2,523
  • Jun 25, 2020 6:25am Jun 25, 2020 6:25am
Let see today 134.185 area if can maintain above then very high chance go higher.
  • #2,524
  • Jun 25, 2020 6:28am Jun 25, 2020 6:28am
Quoting kuroro001
I'll buy dips, long term i'm looking at 144 Is it good or too crazy ?
Looks good if can maintain above 134.185 area. I m looking at 141.4 tp. Haha. Good luck and green pips.
  • #2,525
  • Jun 25, 2020 7:02am Jun 25, 2020 7:02am
Quoting kuroro001
I'll buy dips, long term i'm looking at 144 Is it good or too crazy ?
i agree with buying dips but maybe after we reach below 131.60 one last time
  • #2,526
  • Jun 25, 2020 7:40am Jun 25, 2020 7:40am
h1 is printing bearish hidden div...below the weekly pivot
I'm not shorting it because its doesn't materialize in a down move.

If its a fake div....uptrend shall resume

We are in a make or break move to me
COT: The precious data ignored
  • #2,527
  • Jun 25, 2020 8:03am Jun 25, 2020 8:03am
Quoting kuroro001
h1 is printing bearish hidden div...below the weekly pivot I'm not shorting it because its doesn't materialize in a down move. If its a fake div....uptrend shall resume We are in a make or break move to me
for me at the moment either drop to 131 and below to buy but without touching 136

or going now to 136 and i sell

staying inbetween is no trade for me
  • #2,528
  • Jun 25, 2020 8:52am Jun 25, 2020 8:52am
Quoting thien
Breaking the downtrend but maybe a fake signal, I short now
closed and open for long, I'm surfing hehe, hope to test 134 before a big drop
  • #2,529
  • Jun 25, 2020 8:55am Jun 25, 2020 8:55am
Reversal to 125?
  • #2,530
  • Jun 25, 2020 9:18am Jun 25, 2020 9:18am
GJ heading down. I will be trailing the SL on each swing high. I might be wrong. Trade Safe.

Cheers
TW
WARNING: This post warps space and time in its vicinity.
  • #2,531
  • Jun 25, 2020 4:16pm Jun 25, 2020 4:16pm
GBPJPY
GJ daily chart have 'inside bar pin bar' combination. Price should be go down.
Attached Image (click to enlarge)
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  • #2,532
  • Jun 26, 2020 2:15am Jun 26, 2020 2:15am
Quoting axecap
{quote} last add here at 133.12...target to close all will be circa yeterdays low 132.60 ....or earlier if I lose patience.
finally closed..

Attached Image (click to enlarge)
Click to Enlarge Name: closed.png Size: 168 KB
Its all just one persons opinion
  • #2,533
  • Jun 26, 2020 2:39am Jun 26, 2020 2:39am
done for the week....unless 132.61 breaks
Its all just one persons opinion
  • #2,534
  • Jun 26, 2020 2:47am Jun 26, 2020 2:47am
On m15 from last two days, alot of bearish engulfings are there.

Trade Safe.

Cheers
TW
WARNING: This post warps space and time in its vicinity.
  • #2,535
  • Jun 26, 2020 3:06am Jun 26, 2020 3:06am
Quoting WizardTrade
On m15 from last two days, alot of bearish engulfings are there. Trade Safe. Cheers TW
so how long do you see the significance of an m15 bearish candle lasting? I mean if there was one 2 days ago does it still have relevance now?
Its all just one persons opinion
  • #2,536
  • Jun 26, 2020 3:15am Jun 26, 2020 3:15am
Buy GJ @132. Tp 144. Sl 130
  • #2,537
  • Jun 26, 2020 4:55am Jun 26, 2020 4:55am
shorted 132.55....will close on price action...dont expect too many pips here....20 is good
Its all just one persons opinion
  • #2,538
  • Jun 26, 2020 5:03am Jun 26, 2020 5:03am
Quoting axecap
{quote} so how long do you see the significance of an m15 bearish candle lasting? I mean if there was one 2 days ago does it still have relevance now?
It is relevant as it currently is having the same bearish engulfs right now as well dear. Trade safe and watch for traps.

cheers
TW
WARNING: This post warps space and time in its vicinity.
  • #2,539
  • Jun 26, 2020 5:07am Jun 26, 2020 5:07am
Riding and trailing is the key. TP is open as long as I see price action confirming to my entry.
Attached Image (click to enlarge)
Click to Enlarge Name: 27FDD3B3-9A86-493D-9713-A8E092305B85.jpeg Size: 113 KB
WARNING: This post warps space and time in its vicinity.
  • #2,540
  • Jun 26, 2020 5:09am Jun 26, 2020 5:09am
Quoting WizardTrade
{quote} It is relevant as it currently is having the same bearish engulfs right now as well dear. Trade safe and watch for traps. cheers TW
I get that an m15 candle is relevant right now...not so sure one from 2 days ago is...was just curious
Its all just one persons opinion
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