Daily GBP/JPY analysis

Interesting pattern on hourly chart,

Anyone trade patterns ie like Bulowski? I think this is a descending wedge pattern, worth a brave short or buy on breakout?

just opened a short at 246.26. SL - 247.30. open TP.
Kumar

I would go short here.

same here I opened at short at the same price. Ill trade the pattern

After this action I am long

go chucky!

chuck norris is so great, the market doesn't move without asking him.

Curious to see what the - alow me - #@$$#$ %$%# %$##¨$#% #$@%$#%#$ Japanese housewives are going to do about THIS baby

Closed my GJ longs, USD trades still going on but with special attention to price action. I closed the GJ because now GBPUSD is doing it's daily routine of coming down from the range , and there will be profit taking on yen trades as well, so it can go down a little and I want to sleep. Long AUDUSD as well since .8370 trade still open .

For those following since last friday, we caught the move right at the top (end of friday, 247.80) and fished the bottom 244.20 today. That's about 550 pips on this pair alone. Hope you guys had fun, I was dragging my luggage around and checking charts in between. It was so not cool.

Cesar, what now does thou say, the stars still seem foolish to you? Will you not bow to their eternal greatness, their impeccable signs?

Good luck!

off by 50 pips on an extended 4 wave but here we go for the short now....

How can we trade short ? up or down ? can you say please ?

down

ok , underestand ... thank you.should down for a short while...

down until that news came out that doesnt help the yen

Vicious JPY selling off worse than expected number

long

was leaked early and the overture may be spent already.

does nobody think we're coming out the retrace?

Yes.

I have a stop just under 244.00, signal was from the 4hr chart. Opened @ 245.15 (start of last 4hr bar)

a pro.