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Daily GBP/JPY analysis

  • #7,361
  • Jun 27, 2007 11:34pm Jun 27, 2007 11:34pm
Quoting zamans98
parked my long truck at 246.75 with positive pips.

now I have 2 trucks, short truck waiting at highway 247.25 and long truck waiting at 244.00.
Hello everyone.
I have just joined the forexfactory and it seems this thread has the most attraction to me.

zamans98:
how do u calculate ur stop loss & ur target profit if trade would happeN @both of ur trucks?
  • #7,362
  • Jun 27, 2007 11:39pm Jun 27, 2007 11:39pm
Quote:
Originally Posted by 1000USD
please help me ... I have a buy ... close it or will came back up ?


Quoting gagiul
if this is how u intend to trade forex, better give up for now or donate your money to someone who can multiply them. Grow up, man !!!!!!

this 2 posts made me laugh so loud!! LoLzzz

peace
hijackxx
  • #7,363
  • Jun 27, 2007 11:47pm Jun 27, 2007 11:47pm
at that moment

what we do

gbp/jpy is a dangerous pair dude
kermo ROcks !
  • #7,364
  • Jun 28, 2007 12:12am Jun 28, 2007 12:12am
Bounce of good faithful support. Adding longs on the dragons
  • #7,365
  • Jun 28, 2007 12:14am Jun 28, 2007 12:14am
Quoting hijackxx@hotmai
Hello everyone.
I have just joined the forexfactory and it seems this thread has the most attraction to me.

zamans98:
how do u calculate ur stop loss & ur target profit if trade would happeN @both of ur trucks?
Depends on daily market sentiment and DOW JONES + China Equities market plus your cash level. (money mgmt)

SL = 30-50pips, TP = same
  • #7,366
  • Jun 28, 2007 12:15am Jun 28, 2007 12:15am
Quoting uzaircs
at that moment

what we do

gbp/jpy is a dangerous pair dude
daily range of 150pips will hurt your small capital account.
stay away from this pair, move to some turtle pairs such as EUR/USD
  • #7,367
  • Jun 28, 2007 12:20am Jun 28, 2007 12:20am
Quoting zamans98
daily range of 150pips will hurt your small capital account.
stay away from this pair, move to some turtle pairs such as EUR/USD
Agreed. She can be an unforgiving mistress this pair. I started on swiss crosses.
  • #7,368
  • Jun 28, 2007 12:41am Jun 28, 2007 12:41am
I would suggest paper trading this cross for a few months, and getting the hang of it. I personally started off on EUR/USD and worked my way up from there.
Patience + Humility + Study = Success
  • #7,369
  • Jun 28, 2007 12:46am Jun 28, 2007 12:46am
Quoting Plutonite
Long again now @ 245.50. Expecting no other major moves down until tommorow. See you guys then, and good luck.
Seems like the stars started to love me recently. I got at around 245.50 like you, of cos, without knowing. I see some bear blood these days in the Milky way.
We leave no soldier behind.
  • #7,370
  • Jun 28, 2007 12:48am Jun 28, 2007 12:48am
Quoting gagiul
Seems like the stars started to love me recently. I got at around 245.50 like you, of cos, without knowing. I see some bear blood these days in the Milky way.
Nice entry. I ordered a short truck at 246.75 and another one at 247 GTC
  • #7,371
  • Jun 28, 2007 12:51am Jun 28, 2007 12:51am
Quoting hijackxx@hotmai
Hello everyone.
I have just joined the forexfactory and it seems this thread has the most attraction to me.

zamans98:
how do u calculate ur stop loss & ur target profit if trade would happeN @both of ur trucks?
Let me be the first to welcome you and wish you a pleasant stay in the risk lovers lobby
We leave no soldier behind.
  • #7,372
  • Jun 28, 2007 12:53am Jun 28, 2007 12:53am
250 pip yesterday, is nice

start today with buy g j next support 246.80-90


  • #7,373
  • Jun 28, 2007 12:55am Jun 28, 2007 12:55am
Quoting persian.forex
250 pip yesterday, is nice

start today with buy g j next support 246.80-90

fast 25 pips movements few minutes ago...
  • #7,374
  • Jun 28, 2007 12:57am Jun 28, 2007 12:57am
Quoting persian.forex
250 pip yesterday, is nice

start today with buy g j next support 246.80-90
Thats my TP too, however a break above 247 should resume the longer term bullish approach.
We leave no soldier behind.
  • #7,375
  • Jun 28, 2007 12:58am Jun 28, 2007 12:58am
Not going to make it past the 246.20/40 zone it seems, I was hoping for a topside 248 attempt. Drats.
Patience + Humility + Study = Success
  • #7,376
  • Jun 28, 2007 1:00am Jun 28, 2007 1:00am
Quoting zamans98
fast 25 pips movements few minutes ago...

yes, excellent

http://users.zoominternet.net/~gtrage/cat%20dance.gif
  • #7,377
  • Jun 28, 2007 1:02am Jun 28, 2007 1:02am
Quoting gagiul
Thats my TP too, however a break above 247 should resume the longer term bullish approach.

yes, you right
  • #7,378
  • Jun 28, 2007 1:04am Jun 28, 2007 1:04am
Quoting DutchTrader
Not going to make it past the 246.20/40 zone it seems, I was hoping for a topside 248 attempt. Drats.
I'm long so it better go above that simply because stone cold says so.

Or I might have to post another Chuck Norris price action chart.

If it doesn't I just add more longs
  • #7,379
  • Jun 28, 2007 1:08am Jun 28, 2007 1:08am
Quoting persian.forex
yes, you right
damn, good news from UK. My forst TP got hit 246.50. I love GY these days, if you are on the right side, you make a bunch in a few minutes.

Japanese Housewives indicator on the positive side again arigatooo ladies. Can I take u out at a Takoyaki?
We leave no soldier behind.
  • #7,380
  • Jun 28, 2007 1:11am Jun 28, 2007 1:11am
Time to lock in some pips.
It's almost too easy some days.
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