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Daily GBP/JPY analysis

  • #6,561
  • Jun 25, 2007 4:35am Jun 25, 2007 4:35am
Quoting wahidshad
i think down around 146.60 (D1)
i guess u meant down around 246.60 in G/J
yes for today daily shows around that number where there is a FIBO level...
  • #6,562
  • Jun 25, 2007 5:07am Jun 25, 2007 5:07am
next support hurdle coming up now
  • #6,563
  • Jun 25, 2007 5:14am Jun 25, 2007 5:14am
Quoting Sniper
next support hurdle coming up now
Being 1992 high and 1987 high? Can the market really remember that far back?
Gone to a better place
  • #6,564
  • Jun 25, 2007 5:18am Jun 25, 2007 5:18am
anybody else had parachute training?
quote of the day: . It's like deja-vu all over again
  • #6,565
  • Jun 25, 2007 5:34am Jun 25, 2007 5:34am
Quoting Gmak
anybody else had parachute training?
long 246.56 :surprised
  • #6,566
  • Jun 25, 2007 5:39am Jun 25, 2007 5:39am
Quoting smikester
Being 1992 high and 1987 high? Can the market really remember that far back?
No I think it will more then likely remember this.
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  • #6,567
  • Jun 25, 2007 5:47am Jun 25, 2007 5:47am
Quoting cesarnc
long 246.56 :surprised
nice long i think ces, should see another w5 leg up from there into 249-50 me thinks
"Millionaires don't use astrology, billionaires do"
  • #6,568
  • Jun 25, 2007 5:48am Jun 25, 2007 5:48am
Quoting cesarnc
long 246.56 :surprised
happy landings
quote of the day: . It's like deja-vu all over again
  • #6,569
  • Jun 25, 2007 5:50am Jun 25, 2007 5:50am
Quoting cesarnc
long 246.56 :surprised
i agree... but still I will wait for 1-2 hours.. and see if it holds around 246.60
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  • #6,570
  • Jun 25, 2007 5:51am Jun 25, 2007 5:51am
What is your idea to 246.35 ? sell !

now a candle is making = dojey ...
maybe go up .... candle sicolojy ...
byebye costly moments.
  • #6,571
  • Jun 25, 2007 5:55am Jun 25, 2007 5:55am
no strong long looks like where its going
  • #6,572
  • Jun 25, 2007 5:55am Jun 25, 2007 5:55am
personally still thinking short from here. expected bounce of trendline does not appear to be materialising.

all my positions hedged or closed.

Suspect USD bearish news later and a small sell off at US open.

GBP still failing to break through 2.0000 with any sort of ferocity.
quote of the day: . It's like deja-vu all over again
  • #6,573
  • Jun 25, 2007 5:55am Jun 25, 2007 5:55am
Quoting cesarnc
long 246.56 :surprised
This was based on a sophisticated trading set up that I use:

Gut feeling

  • #6,574
  • Jun 25, 2007 5:57am Jun 25, 2007 5:57am
I had the same one (from 54

Might start donning the sky dive suit again though.
quote of the day: . It's like deja-vu all over again
  • #6,575
  • Jun 25, 2007 6:02am Jun 25, 2007 6:02am
I don't think i am ready to short just yet. I just does not like 246.50
  • #6,576
  • Jun 25, 2007 6:04am Jun 25, 2007 6:04am
Took long also 58 sl 30 pt 49.20
"Millionaires don't use astrology, billionaires do"
  • #6,577
  • Jun 25, 2007 6:06am Jun 25, 2007 6:06am
I chickened out and closed mine for -6
quote of the day: . It's like deja-vu all over again
  • #6,578
  • Jun 25, 2007 6:07am Jun 25, 2007 6:07am
Quoting Sniper
I don't think i am ready to short just yet. I just does not like 246.50
A few other pairs seem to be issuing confusing signals this morning. Either that, or my brain (or gut) is seizing up.
Gone to a better place
  • #6,579
  • Jun 25, 2007 6:17am Jun 25, 2007 6:17am
I can not understand ... you mean that it is going up or down ? means buy or sell ? some body explain me please....
byebye costly moments.
  • #6,580
  • Jun 25, 2007 6:19am Jun 25, 2007 6:19am
Quoting 1000USD
I can not understand ... you mean that it is going up or down ? means buy or sell ? some body explain me please....
Long = buy the front of the pair GBP/jpy
Short= sell the front of the pair GBP/jpy
"Millionaires don't use astrology, billionaires do"
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