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GBP/JPY

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  • Post #3,121
  • Quote
  • Aug 5, 2020 1:02am Aug 5, 2020 1:02am
  •  bob-dreamer
  • | Joined Jun 2020 | Status: Member | 56 Posts
Quoting auzzieal
Disliked
{quote} Hay Bob.. How is your Zig Zag doing for you? I have toyed with it quite a few years ago, but couldn't get the hang of it. Is it fairly accurate?
Ignored
It helps me decide that it is not the top yet ... It's about setting the sensitivity ... But just ZigZag is not enough ... It would be very easy to make money ...
If we all use the same indicators and follow them, they will stop working ... The herd can only be defeated by an individual ... But the herd often pulls down an avalanche ...
2
  • Post #3,122
  • Quote
  • Aug 5, 2020 8:12am Aug 5, 2020 8:12am
  •  ventureinves
  • | Joined Mar 2019 | Status: Member | 125 Posts
Short 138.95 tp 138.6x
  • Post #3,123
  • Quote
  • Aug 5, 2020 10:50am Aug 5, 2020 10:50am
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,568 Posts
i am confused between 2 scenarios to buy now with SL 138 or wait for 137 level to buy

what u think karmo ?
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  • Post #3,124
  • Quote
  • Aug 5, 2020 10:58am Aug 5, 2020 10:58am
  •  karmostaji
  • Joined Nov 2006 | Status: Dubai | 11,483 Posts
Quoting msniper
Disliked
i am confused between 2 scenarios to buy now with SL 138 or wait for 137 level to buy what u think karmo ? {image}
Ignored
I think price is going to drop to 136.50 to 137 area still and then next week the bullish rally to 140s...
1
  • Post #3,125
  • Quote
  • Aug 6, 2020 2:13am Aug 6, 2020 2:13am
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,568 Posts
Quoting karmostaji
Disliked
{quote} I think price is going to drop to 136.50 to 137 area still and then next week the bullish rally to 140s...
Ignored
with the news i guess GJ doesnt want to go down before making new highs
1
  • Post #3,126
  • Quote
  • Aug 6, 2020 2:25am Aug 6, 2020 2:25am
  •  bale
  • Joined Jul 2020 | Status: Member | 568 Posts
Bought GJ 138,606 with target 140,700
1
  • Post #3,127
  • Quote
  • Aug 6, 2020 2:36am Aug 6, 2020 2:36am
  •  karmostaji
  • Joined Nov 2006 | Status: Dubai | 11,483 Posts
Quoting msniper
Disliked
{quote} with the news i guess GJ doesnt want to go down before making new highs
Ignored
I actually went long at .540 just before the news, I think we will see 140s soon (need to break 139 in the coming hours).
  • Post #3,128
  • Quote
  • Aug 6, 2020 2:38am Aug 6, 2020 2:38am
  •  bale
  • Joined Jul 2020 | Status: Member | 568 Posts
My long position above was my daily strategy and my scalping strategy as well.

Price has just broken upper envelope and continues climbing upward.
1
  • Post #3,129
  • Quote
  • Aug 6, 2020 2:50am Aug 6, 2020 2:50am
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,568 Posts
we have important speech after 5 hours

maybe i just chill and trade 1 hour before the speech. because maybe some tricky moves happen until that time
1
  • Post #3,130
  • Quote
  • Aug 6, 2020 2:55am Aug 6, 2020 2:55am
  •  bob-dreamer
  • | Joined Jun 2020 | Status: Member | 56 Posts
Turning the trend from up to down will come soon, so I hope ... I'm short from 136.0, but Hedged before big up moves ... I hope to hit the maximum and erase the loss on the way down... I don't like losing positions ...

"Elephants return the same way" V. Niederhoffer
  • Post #3,131
  • Quote
  • Aug 6, 2020 3:05am Aug 6, 2020 3:05am
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,568 Posts
GU in a very critical level
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  • Post #3,132
  • Quote
  • Aug 6, 2020 3:25am Aug 6, 2020 3:25am
  •  bob-dreamer
  • | Joined Jun 2020 | Status: Member | 56 Posts
GJ already had a critical level on Friday ...
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  • Post #3,133
  • Quote
  • Aug 6, 2020 3:29am Aug 6, 2020 3:29am
  •  bale
  • Joined Jul 2020 | Status: Member | 568 Posts
Scalping has come out with +40. Daily is waiting for 140,70
  • Post #3,134
  • Quote
  • Aug 6, 2020 3:34am Aug 6, 2020 3:34am
  •  bob-dreamer
  • | Joined Jun 2020 | Status: Member | 56 Posts
Why 140.7 ? What can't I see?
  • Post #3,135
  • Quote
  • Aug 6, 2020 3:36am Aug 6, 2020 3:36am
  •  bale
  • Joined Jul 2020 | Status: Member | 568 Posts
Fly to the moon
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  • Post #3,136
  • Quote
  • Aug 6, 2020 3:44am Aug 6, 2020 3:44am
  •  bale
  • Joined Jul 2020 | Status: Member | 568 Posts
Quoting bob-dreamer
Disliked
Why 140.7 ? What can't I see?
Ignored
Only an expectation bro based on my "gut feeling". Have a nice trade Bob.
  • Post #3,137
  • Quote
  • Aug 6, 2020 3:46am Aug 6, 2020 3:46am
  •  bob-dreamer
  • | Joined Jun 2020 | Status: Member | 56 Posts
Thanks to you too
  • Post #3,138
  • Quote
  • Aug 6, 2020 12:50pm Aug 6, 2020 12:50pm
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,568 Posts
i think GJ will have one last push to 139.7x and will fail to break 140

and then down to 137.xx area to test the support

then again up to hit 140 or break it
1
  • Post #3,139
  • Quote
  • Aug 6, 2020 4:30pm Aug 6, 2020 4:30pm
  •  oordjb
  • Joined Aug 2010 | Status: Member | 54 Posts
My short entry will be at 138.45 and I'll have a pretty tight SL, maybe 30 pips or so, as I don't see it going up much from that point. I'll set a take profit at 137.00.
Defeat is temporary, but giving up is permanent.
  • Post #3,140
  • Quote
  • Aug 6, 2020 5:01pm Aug 6, 2020 5:01pm
  •  oordjb
  • Joined Aug 2010 | Status: Member | 54 Posts
Check that - TP at 137.35.
Defeat is temporary, but giving up is permanent.
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