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GBP/JPY

  • #3,261
  • Aug 25, 2020 3:54am Aug 25, 2020 3:54am
Quoting axecap
shorting here at 139.18 , resistance on H1 200sma
closed
Its all just one persons opinion
  • #3,262
  • Aug 25, 2020 5:22am Aug 25, 2020 5:22am
Looking forward for the break up. Lets see.
Attached Image (click to enlarge)
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  • #3,263
  • Aug 25, 2020 7:00pm Aug 25, 2020 7:00pm
the daily close is bullish honestly

i think i might wait for retracement and buy

below 138.60 back to bearish again
  • #3,264
  • Aug 25, 2020 7:47pm Aug 25, 2020 7:47pm
Quoting msniper
the daily close is bullish honestly i think i might wait for retracement and buy below 138.60 back to bearish again
Looks like it’s about to break that 140 area
Trade what you see, not what you think.
  • #3,265
  • Aug 25, 2020 8:02pm Aug 25, 2020 8:02pm
careful it may be a trap
  • #3,266
  • Aug 25, 2020 8:14pm Aug 25, 2020 8:14pm
Quoting abhilash
Entered long @ 138.60. SL 138.20.

SL moved to 139.50. TP open. Will close if the momentum changes. Still expecting a bigger move towards 144.

Keep it simple, trend is up, buy the dips. Take few patience pills. Mint money.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 67 KB
Click to Enlarge Name: GBPJPYH4.png Size: 66 KB
  • #3,267
  • Aug 25, 2020 8:29pm Aug 25, 2020 8:29pm
Quoting karmostaji
{quote} Looks like it’s about to break that 140 area
i think we just finished wave 1 of wave 3

so what i want to see a drop in wave 2 of 3 to 139.20 or 139 and i will go long

buying the 139.20 will be mean wave 3 of 3 and we all know wave 3 of 3 always the strongest

so lets hope my plan works
  • #3,268
  • Aug 26, 2020 3:08am Aug 26, 2020 3:08am
Quoting msniper
{quote} i think we just finished wave 1 of wave 3 so what i want to see a drop in wave 2 of 3 to 139.20 or 139 and i will go long buying the 139.20 will be mean wave 3 of 3 and we all know wave 3 of 3 always the strongest so lets hope my plan works

Not sure about waves - what time-frame you looking at?

But agree this looks like it wants to go higher, though potentially we are in a topping pattern too. Price action is a little mixed in my eyes.

Needs to break 140 conclusively before talk of next leg up. My preference is buying any pullbacks though.
*** Shoot for the moon. Even if you miss, you'll land among the stars. ***
  • #3,269
  • Aug 26, 2020 9:58am Aug 26, 2020 9:58am
it seems rejected from support 140.218(weekly R fibo 78). now to 138.88.. stay green(the only opinion not signal)discuss, please
  • #3,270
  • Aug 27, 2020 12:06pm Aug 27, 2020 12:06pm
That was a sweet little move.
  • #3,271
  • Aug 27, 2020 11:25pm Aug 27, 2020 11:25pm
Quoting abhilash
Entered long @ 138.60. SL 138.20.
Quoting abhilash
{quote} SL moved to 139.50. TP open. Will close if the momentum changes. Still expecting a bigger move towards 144. Keep it simple, trend is up, buy the dips. Take few patience pills. Mint money. {image} {image}


Currently up 290 pips from my initial buy.

SL moved to 140.50. Will TP at 144.50.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYWeekly.png Size: 74 KB
  • #3,272
  • Aug 28, 2020 4:28am Aug 28, 2020 4:28am
Quoting abhilash
{quote} {quote} Currently up 290 pips from my initial buy. SL moved to 140.50. Will TP at 144.50. {image}
Mate... did you get out? Hope you are not still in this profit taking move!!!
  • #3,273
  • Aug 28, 2020 5:39am Aug 28, 2020 5:39am
what's the effect of coming GBP news on pound today?
  • #3,274
  • Aug 28, 2020 5:47am Aug 28, 2020 5:47am
Any opinion on a trend reversal? Are you still waiting for 144.5? Isn't it time for a decline after two months? According to D1, it looks like a decline ... And according to the peak, too ...
  • #3,275
  • Aug 28, 2020 5:52am Aug 28, 2020 5:52am
Quoting bob-dreamer
Any opinion on a trend reversal? Are you still waiting for 144.5? Isn't it time for a decline after two months? According to D1, it looks like a decline ... And according to the peak, too ...
I do agree with u especially 140.20 broken .. I am worried for volatility with coming news if things going technically the down way is open at least to weekly pivot, stay green
  • #3,276
  • Aug 28, 2020 7:39am Aug 28, 2020 7:39am
Quoting forexer11
what's the effect of coming GBP news on pound today?
What news about Pound?

The Japanese Prime Minister has resigned and JPY has been strengthening since the morning at USDJPY ...
  • #3,277
  • Aug 28, 2020 8:02am Aug 28, 2020 8:02am
Quoting bob-dreamer
{quote} What news about Pound? The Japanese Prime Minister has resigned and JPY has been strengthening since the morning at USDJPY ...
9:05pmGBP
BOE Gov Bailey Speaks
  • #3,278
  • Edited 10:02am Aug 28, 2020 9:52am | Edited 10:02am
Quoting auzzieal
{quote} Mate... did you get out? Hope you are not still in this profit taking move!!!

Was out the whole day, just got home. Trailing Stop was hit.

Nonetheless 190 pips is not bad.

The trend is still up. Just took a fresh long @ 140.15. SL 139.90
  • #3,279
  • Aug 31, 2020 9:59am Aug 31, 2020 9:59am
Quoting abhilash
{quote} Was out the whole day, just got home. Trailing Stop was hit. Nonetheless 190 pips is not bad. The trend is still up. Just took a fresh long @ 140.15. SL 139.90

SL moved to 141 . TP open.

HH and HL continues.
  • #3,280
  • Aug 31, 2020 10:08am Aug 31, 2020 10:08am
i dont believe in big moves before thursday or friday

so this rise to 142 i think its fake and GJ should start retracing down
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