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Daily GBP/JPY analysis

  • #7,261
  • Jun 27, 2007 3:12pm Jun 27, 2007 3:12pm
Quoting PIPsminer
Hi All,
Please can u tell me wc direction gj will go with the release on industrial production tonight..
gj still has plenty of room for it to go down without it being called a "unwind" yet.

but in case it doesn't and you are short, your best way is to set a stop loss.
BAM BAM BOOM! -bravado
  • #7,262
  • Jun 27, 2007 3:20pm Jun 27, 2007 3:20pm
Quoting Plutonite
No, he is a fan of mine.

PS: Are you serious? I am usually joking about "the stars" because explaining my discretionary reasoning is not simple, and I have to tell you guys something Someday I will explain it all.
Yes most definately cycles, wheels within wheels. as he understood it from the bible
"Millionaires don't use astrology, billionaires do"
  • #7,263
  • Jun 27, 2007 3:28pm Jun 27, 2007 3:28pm
bravado you were right about it dropping very quickl;y when it did. But you said it would be 100 pips and it was only 40 or so. Where are my other pips and how would you explain this?
Gone to a better place
  • #7,264
  • Jun 27, 2007 3:39pm Jun 27, 2007 3:39pm
shorts may return at the 245.80's area..........
the top of a 4 wave
  • #7,265
  • Jun 27, 2007 3:39pm Jun 27, 2007 3:39pm
Quoting smikester
bravado you were right about it dropping very quickl;y when it did. But you said it would be 100 pips and it was only 40 or so. Where are my other pips and how would you explain this?
that's what you get for taking signals.
BAM BAM BOOM! -bravado
  • #7,266
  • Jun 27, 2007 3:40pm Jun 27, 2007 3:40pm
Quoting fixme1too
shorts may return at the 245.80's area..........
noted.

will look out for that level fixme1too.
BAM BAM BOOM! -bravado
  • #7,267
  • Jun 27, 2007 3:52pm Jun 27, 2007 3:52pm
$200 , i close

and wait for next buyyyyyyyyyyy
  • #7,268
  • Jun 27, 2007 3:54pm Jun 27, 2007 3:54pm

EUR/JPY continues to bounce through the figure

and GBP JPY UP...

JPY trying rebound from session lows ahead of Asia trading
  • #7,269
  • Jun 27, 2007 3:58pm Jun 27, 2007 3:58pm
Quoting persian.forex
$200 , i close

and wait for next buyyyyyyyyyyy

Gotta let them winners run !!!!!!

who knows maybe never trade below 245 again and run 800 points, and your biggest stress would be then where do i place my next add on positions while i have 200 points in the coffers, now to buy again u will sweat if you did the right thing or not, better maybe to have the stress risk free approach and keep the great positioning. But anything can happen at a moments notice so maybe you are right.
"Millionaires don't use astrology, billionaires do"
  • #7,270
  • Jun 27, 2007 4:01pm Jun 27, 2007 4:01pm
currently up 380+ pips on yen trade only.

all this can change very quick as was shown before.
BAM BAM BOOM! -bravado
  • #7,271
  • Jun 27, 2007 4:08pm Jun 27, 2007 4:08pm
nice job bravado + pips myself
"Millionaires don't use astrology, billionaires do"
  • #7,272
  • Jun 27, 2007 4:10pm Jun 27, 2007 4:10pm
hay guys, tonight i will double my status and will sell GBP\JPY
IT IS TIME TO MAKE MONEY
  • #7,273
  • Jun 27, 2007 4:13pm Jun 27, 2007 4:13pm
Nice doji star on daily coupled with the second highest volume buying since 3/14/07 I wonder what this means.

A nice up day tomorrow and we have a morning star Very bullish signal,
"Millionaires don't use astrology, billionaires do"
  • #7,274
  • Jun 27, 2007 4:14pm Jun 27, 2007 4:14pm
Quoting OrionsWay
nice job bravado + pips myself
neat.
BAM BAM BOOM! -bravado
  • #7,275
  • Jun 27, 2007 4:15pm Jun 27, 2007 4:15pm
next; 245.90 - 246.00, i think
  • #7,276
  • Jun 27, 2007 4:19pm Jun 27, 2007 4:19pm
Quoting bravado
neat.

Maybe setting up for a move to 255+, tonight should tell that tell as asia hits it hard or not.
"Millionaires don't use astrology, billionaires do"
  • #7,277
  • Jun 27, 2007 4:24pm Jun 27, 2007 4:24pm
Quoting OrionsWay
Maybe setting up for a move to 255+, tonight should tell that tell as asia hits it hard or not.
not sure about that. i think there maybe big players(some bigger then me. hard to imagine) who might want to extend this opportunity to get gj cheaper.

also, lots of room now (more sp then earlier for sure) for it to dive down to.

so watch it.

but technically, strong volume as you said coupled with daily doji negates could mean 255.
BAM BAM BOOM! -bravado
  • #7,278
  • Jun 27, 2007 4:26pm Jun 27, 2007 4:26pm
yep hard telling not knowing indeed

myself though, i think every timeframe filled their boots today especially the LT players
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"Millionaires don't use astrology, billionaires do"
  • #7,279
  • Jun 27, 2007 4:34pm Jun 27, 2007 4:34pm
ooer I sold UJ at 122.88 when it hit a fib line hoping for bounce off it, at the same timw I sold GJ at 245.59

Probably not wise now thinking about it
  • #7,280
  • Jun 27, 2007 4:35pm Jun 27, 2007 4:35pm
1:00 GMT It will break down
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