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GBP/JPY

i wanna see this happening
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Quoting karmostaji
{quote} I've managed to get into a long at 136.82 with 10 pips SL, looking for 200 pips Hope to make something since lost money n missed the whole move down.
Yeh... I got in at 136.75, but have to watch it now, but I've set a tight stop too.
Quoting msniper
i wanna see this happening {image}
GJ made the head and shoulders like i expected but i think its not gonna work. i feel GJ will drop for a new low below 136.70 then it will start flying strong
Quoting karmostaji
{quote} I've managed to get into a long at 136.82 with 10 pips SL, looking for 200 pips Hope to make something since lost money n missed the whole move down.
Stopped out at BE, what a roller coaster week for me...
Trade what you see, not what you think.
Quoting karmostaji
{quote} Stopped out at BE, what a roller coaster week for me...
i was short and lucky i closed at 136.85 before the bounce lol

i feel roller coaster not yet done
That the return trip ...? I see an ascent pattern, so it won't be just a roller coaster ... I hope... What do you see on your indicators and candles ...?
alright i did some analysis and the best scenario i could get that we will make one more push up to near 139.30 and then start heading down again

either we make a slight new low or just a double bottom and then new rally to new highs above 144

same goes to EJ i see it down 200pips then flying to new highs

which means today news will be bad on euro i guess
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we have a bullish pattern taking us to 139 territory then it will resume down just like my previews analysis
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i wonder if this pattern will work if we break it up
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Quoting msniper
we have a bullish pattern taking us to 139 territory then it will resume down just like my previews analysis {image} {image}
Honestly, at the moment nothing technical seems to be working, it's all about fundamentals and news right now.

Trade carefully
Trade what you see, not what you think.
Long
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Quoting danizani95
Long{image}
i agree i added at 137.34 tp 139

sl 4h candle close below 137.38
as long GU & GJ above my pink line and above the blue trend i will keep going long to 139.xx and 1.31xx

once they close 4h below then different story i will turn to bear
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last hope for GJ with SL yesterday low
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Quoting danizani95
Long{image}
stop
i got stopped out

gonna be away from GJ and forex for somedays cause its not safe
Looking for 135.50.
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Long term bullish on GU and GJ.

Will wait for appropriate setup for longs.
Quoting msniper
i got stopped out gonna be away from GJ and forex for somedays cause its not safe
Silver has killed the big banks....the derivative boys........
chart suggest that we will have a bounce in 134.50 134.70 area even if the trend is down this bounce should be good at least 300pips
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