Daily GBP/JPY analysis | Page 305 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

GBP/JPY, GBP/USD, and EUR/USD (technical analysis) 3,084 replies

Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies

Adwa Daily GBP/JPY analysis 23 replies

Attachments: Daily GBP/JPY analysis
Exit Attachments

Daily GBP/JPY analysis

  • #6,081
  • Jun 14, 2007 4:13pm Jun 14, 2007 4:13pm
Quoting melpheos
By the way, dont forget to stay wake up on the BOJ annoncement (it will be 1:50AM for me )

A rate hike is very unlikly to happens but if it is annonced, yen will be bought at a very fast rate and SSE will drop )
It indeed looks ready to drop, especially the GJ due to GU downside bias, and UJ is running out of gas. I have my stops placed, and I dread the day when I will be rolling in billions and the banks all want to hunt my stops so I have to place market orders real time and therefore stay awake all the time.

*tears*

But tell me, how is the forex scene in France? Is it as merde-ish as I hear?
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #6,082
  • Jun 14, 2007 4:41pm Jun 14, 2007 4:41pm
looks can be decieving but it seems that pips are going to fall off a cliff
  • #6,083
  • Jun 14, 2007 5:25pm Jun 14, 2007 5:25pm
Im bullish myself, cant see a reason for a big drop other than a surprise rate hike or if Mr Fukui drops a hint of one.
  • #6,084
  • Jun 14, 2007 5:26pm Jun 14, 2007 5:26pm
I agree. Heavily OB for too long a period now. BOJ will more then likely hike rates in my op.

The charts remind me of a quite before a storm. I hope we are not disappointed I put off fishing today for this.

Depending on the BOJ news what other Y crosses you guys looking at. I r interested in EY and NY as well
  • #6,085
  • Jun 14, 2007 5:37pm Jun 14, 2007 5:37pm
Quoting Sniper
I agree. Heavily OB for too long a period now. BOJ will more then likely hike rates in my op.

The charts remind me of a quite before a storm. I hope we are not disappointed I put off fishing today for this.

Depending on the BOJ news what other Y crosses you guys looking at. I r interested in EY and NY as well
liked the avatar
  • #6,086
  • Jun 14, 2007 6:06pm Jun 14, 2007 6:06pm
Quoting el_duende
Im bullish myself, cant see a reason for a big drop other than a surprise rate hike or if Mr Fukui drops a hint of one.
Watch the price action around 242.75. The stars have spoken to me tonight, there will be much carnage and shedding of blood, red, oozing bull blood!
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #6,087
  • Jun 14, 2007 6:08pm Jun 14, 2007 6:08pm
Quoting Plutonite
Watch the price action around 242.75. The stars have spoken to me tonight, there will be much carnage and shedding of blood, red, oozing bull blood!
Steak anyone?
  • #6,088
  • Jun 14, 2007 6:11pm Jun 14, 2007 6:11pm
i suspect you may be bearish Plutonite
quote of the day: . It's like deja-vu all over again
  • #6,089
  • Jun 14, 2007 6:18pm Jun 14, 2007 6:18pm
Quoting Gmak
i suspect you may be bearish Plutonite
Me? Bearish? Never! The trend is up as always, but this is a high probability setup, maths and fibos and trader instinct as usual. Also big news at the right time.. let's just say I will be watching the charts very closely IF they actually reach those 242.75 areas. 200 pip trade, this. The dragon is ruthless.

Good luck.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #6,090
  • Jun 14, 2007 6:25pm Jun 14, 2007 6:25pm
it can always meander up with the indicators overbought, but there is a risk, see chart. see what happens when my stochastics are greater than 90? Look out when they all line up!
Attached Image (click to enlarge)
Click to Enlarge Name: june 14.jpg Size: 81 KB
  • #6,091
  • Jun 14, 2007 6:33pm Jun 14, 2007 6:33pm
Quoting melpheos
By the way, dont forget to stay wake up on the BOJ annoncement (it will be 1:50AM for me )

A rate hike is very unlikly to happens but if it is annonced, yen will be bought at a very fast rate and SSE will drop )
So, are you New York time or else?
  • #6,092
  • Jun 14, 2007 6:39pm Jun 14, 2007 6:39pm
Quoting trader8686
So, are you New York time or else?

French

added to that 242.75 is my up threshold 241.80 is the down. a close above or below those will have me betting on that direction
  • #6,093
  • Jun 14, 2007 6:45pm Jun 14, 2007 6:45pm
Quoting Sniper
French

added to that 242.75 is my up threshold 241.80 is the down. a close above or below those will have me betting on that direction
Smart, that's what we call straddle.
  • #6,094
  • Jun 14, 2007 6:46pm Jun 14, 2007 6:46pm
Quoting Sniper
French

added to that 242.75 is my up threshold 241.80 is the down. a close above or below those will have me betting on that direction
I wanna sleep, come on Fukui, couldn't you think about me ? ^^

I have a hedge running ATM so whatever happens i have 50 pips locked in but if there is a big move i want to be here.

Argh, i have just noticed that Fukui will speak between 3 and 4:30 GMT :-/
  • #6,095
  • Jun 14, 2007 6:53pm Jun 14, 2007 6:53pm
Quoting melpheos
I wanna sleep, come on Fukui, couldn't you think about me ? ^^

I have a hedge running ATM so whatever happens i have 50 pips locked in but if there is a big move i want to be here.

Argh, i have just noticed that Fukui will speak between 3 and 4:30 GMt :-/
Where are you getting the times from?
  • #6,096
  • Jun 14, 2007 6:56pm Jun 14, 2007 6:56pm
Quoting mudskipper
it can always meander up with the indicators overbought, but there is a risk, see chart. see what happens when my stochastics are greater than 90? Look out when they all line up!
The 4h is showing OB for me too, how ever the D1 and H1 are not. D1 showing bullish H1 mildly bullish.

Guess we just have to wait for the news
  • #6,097
  • Jun 14, 2007 6:58pm Jun 14, 2007 6:58pm
Quoting Sniper
Where are you getting the times from?
FF calendar
  • #6,098
  • Jun 14, 2007 7:06pm Jun 14, 2007 7:06pm
Quoting melpheos
FF calendar
showing as tentative for me.
  • #6,099
  • Jun 14, 2007 7:38pm Jun 14, 2007 7:38pm
Its shows as tenative for me too!!!!

im in NYC, So im trying to find out what time EST the new may break out.
  • #6,100
  • Jun 14, 2007 7:43pm Jun 14, 2007 7:43pm
20:27Fukui of the BOJ will speak post announcement around 2:30am

This is EST. It's usually around this time


7 traders viewing now