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Quoting abhilash
{quote} {quote} {quote} GJ position SL moved to 141.50. Currently up 200+ pips. Still looking for 144.50 target. Closed GU longs @1.3440. {image}
Trailing Stop hit again. Closed for 135 pips.

Took fresh long 141.70. SL 141.55. TP open.
Quoting abhilash
{quote} Trailing Stop hit again. Closed for 135 pips. Took fresh long 141.70. SL 141.55. TP open.
SL hit. - 15. Will take fresh setup later.
GJ is doing sideways and hitting SL for both short and long

so am gonna leave it and wait until tomorrow

so far it look bearish in short frames
Quoting msniper
GJ is doing sideways and hitting SL for both short and long so am gonna leave it and wait until tomorrow so far it look bearish in short frames
It broken that support.. the whole scenario changes now

Anyways I got stopped out for 2% profit which is okay, will wait until tomorrow I think to see a clearer picture.
Trade what you see, not what you think.
Quoting karmostaji
{quote} It broken that support.. the whole scenario changes now Anyways I got stopped out for 2% profit which is okay, will wait until tomorrow I think to see a clearer picture.
yah looks like its going to 140.40 at least and maybe break 140 area with a spike
Well, hopefully this is a 15 minute Head and Shoulders playing out right now... Then we can go up again. But it looks pretty strong down.
Quoting auzzieal
Well, hopefully this is a 15 minute Head and Shoulders playing out right now... Then we can go up again. But it looks pretty strong down.
So... Hay Bob Dreamer..., what are you seeing in your charts?
Quoting msniper
{quote} yah looks like its going to 140.40 at least and maybe break 140 area with a spike
I'm waiting to see the price reaction in the region of 140.60 to 140.80 area, where we have the 4h 50ema and also it is between 61.8 and 78.6 fib level on 4h, might go long from there if price starts bouncing.
Trade what you see, not what you think.
Quoting auzzieal
{quote} So... Hay Bob Dreamer..., what are you seeing in your charts?
Hi everyone here,

In my opinion, the southern road to 140 awaits us, where 23.6% of Fibonachi is the current UP trend (2 months) and the edge of the flag. If we overcome it, it will confirm the reversal of the trend ... If not, we will go to 161% Fibonachi from the last DOWN trend before 2months...

When I'm on a trend, I close soon because some opinions confuse me here. It is not clear from them in what time horizon the estimate is intended ... It is different to trade on H15, or H4 and with lots of 0.01 or <1.

I'm always waiting for a suitable pattern ...
Quoting karmostaji
{quote} I'm waiting to see the price reaction in the region of 140.60 to 140.80 area, where we have the 4h 50ema and also it is between 61.8 and 78.6 fib level on 4h, might go long from there if price starts bouncing.
It almost looks like wanting to retrace all of the last move up, on the 4Hr, which will put is into 140.00 neat. Price action looks strong to me.
Quoting auzzieal
{quote} It almost looks like wanting to retrace all of the last move up, on the 4Hr, which will put is into 140.00 neat. Price action looks strong to me.
I've just taken a risky long from 141.14 with SL at 141.00 , The trend is still bullish and I expect price to go for that 144.. not sure if it can do it by tomorrow or next week.
Trade what you see, not what you think.
Quoting karmostaji
{quote} I've just taken a risky long from 141.14 with SL at 141.00 , The trend is still bullish and I expect price to go for that 144.. not sure if it can do it by tomorrow or next week.

Took long @ 141.20. SL 140.80. Giving it little wider stop as news is around the corner.
Quoting abhilash
{quote} Took long @ 141.20. SL 140.80. Giving it little wider stop as news is around the corner.
Are you crazy What makes you long? Double reflection from 141?

The decline pattern has not yet been broken ... In my opinion ...
Quoting karmostaji
{quote} I've just taken a risky long from 141.14 with SL at 141.00 , The trend is still bullish and I expect price to go for that 144.. not sure if it can do it by tomorrow or next week.
got out at BE, it looks like it will visit 140.60 area before any kind of bounce... so will just wait on the sidelines
Trade what you see, not what you think.
Quoting bob-dreamer
{quote} Are you crazy What makes you long? Double reflection from 141? The decline pattern has not yet been broken ... In my opinion ...
Daily, weekly, Monthly and 4hr in uptrend. 144.50 next big supply level.

Use the smaller TF for entry. If you use smaller TF for reversal, you will get caught on the wrong side.
Quoting abhilash
{quote} Took long @ 141.20. SL 140.80. Giving it little wider stop as news is around the corner.
Stopped for -60.

Looking for fresh setup from 140 to 140.50 area.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 60 KB
Quoting abhilash
{quote} Stopped for -60. Looking for fresh setup from 140 to 140.50 area. {image}
It stayed over 140.5 times and we're going north... Did you board?

Why did you think it would drop below the flag?

Maybe it's going north again ...
Quoting karmostaji
{quote} got out at BE, it looks like it will visit 140.60 area before any kind of bounce... so will just wait on the sidelines
I took a long from 140.64 and stop is at BE, expecting price to go higher but it's Friday and we have NFP today... so who knows
Trade what you see, not what you think.
Quoting karmostaji
{quote} I took a long from 140.64 and stop is at BE, expecting price to go higher but it's Friday and we have NFP today... so who knows
i wouldnt trust any bounce until we can break 141.96 then yes i would say the bottom is set
Quoting abhilash
{quote} Daily, weekly, Monthly and 4hr in uptrend. 144.50 next big supply level. Use the smaller TF for entry. If you use smaller TF for reversal, you will get caught on the wrong side.
Do you still see an up trend in all the pictures? ... What indicator you use?

I see W1 and D1 at the maximum before the down trend, H4 is half at the down trend and H1 is almost at the lowest point, before the UP turn, but the PIN did it ... Who is ready for you to buy at UP now?

I keep wondering what the boys are going to see and what I don't see ...
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