Daily GBP/JPY analysis | Page 370 | 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

  • #7,381
  • Jun 28, 2007 1:17am Jun 28, 2007 1:17am
USD getting hit ... except USDJPY with a higher cross.
and g j too, i think
  • #7,382
  • Jun 28, 2007 1:39am Jun 28, 2007 1:39am
Quoting OrionsWay
Yes, i concurr, what a great adding opportunity for the longs
Congrats bro both of us making money now keep it up.....
  • #7,383
  • Jun 28, 2007 1:56am Jun 28, 2007 1:56am
Dun Dun Dun.

Closed longs if this forms. (Hehe a pictorial pun) Will reset after USD interest news. Till then Warcraft 3 time
Attached Image
  • #7,384
  • Jun 28, 2007 2:09am Jun 28, 2007 2:09am
GBP and EUR retreat. These ccys are clearly leading the direction of the market.
  • #7,385
  • Jun 28, 2007 2:11am Jun 28, 2007 2:11am
Quoting gagiul
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?
looks like the ladies are back after shopping spree yesterday..
  • #7,386
  • Jun 28, 2007 2:25am Jun 28, 2007 2:25am
Quoting 4x_Trader
Congrats bro both of us making money now keep it up.....
4x! where'd you get that pic! Thats my ex! What happened to the pretty gurl with those plunging neckline!

im wondering why my euro trades are stil lholding after all those sterling moves..
  • #7,387
  • Jun 28, 2007 2:35am Jun 28, 2007 2:35am
Hit a perfect 50% retracement from the earlier low to the high formed by the 15min hammer. That was also a big number at 246.

Took 22 pips on that sell signal retracement.

Waiting for the next signals.

G-Man
  • #7,388
  • Jun 28, 2007 3:05am Jun 28, 2007 3:05am
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.
Well, i chickened out and closed my AUDUSD trade (60 pips not bad for this pair), and GJ smashed itself against my TP and threw me out for another 100 pips, can't complain there. I think if US news is good we will see 247.50 (and 123.50 at least).

About the stars, right now they are wispering to me again, showing their signs, they say: watch USDCAD. Ready your long swords (geddit, LONG?).
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #7,389
  • Jun 28, 2007 3:10am Jun 28, 2007 3:10am
Quoting Plutonite
Well, i chickened out and closed my AUDUSD trade (60 pips not bad for this pair), and GJ smashed itself against my TP and threw me out for another 100 pips, can't complain there. I think if US news is good we will see 247.50 (and 123.50 at least).

About the stars, right now they are wispering to me again, showing their signs, they say: watch USDCAD. Ready your long swords (geddit, LONG?).
I never trade U/C.. its like Akon's song "LONELY"...
  • #7,390
  • Jun 28, 2007 3:10am Jun 28, 2007 3:10am
EUR up???
  • #7,391
  • Jun 28, 2007 3:15am Jun 28, 2007 3:15am
Quoting Sniper
Dun Dun Dun.

Closed longs if this forms. (Hehe a pictorial pun) Will reset after USD interest news. Till then Warcraft 3 time
what server are you at man?...i play the the same game while waiting for set-ups
"it doesn't come any sharper than this!"
  • #7,392
  • Jun 28, 2007 3:40am Jun 28, 2007 3:40am
Some battles between Chicago-based funds and Russian players are going on. The Russians need help from Japanese housewives, but they must be busy preparing for dinner right now.
  • #7,393
  • Jun 28, 2007 3:45am Jun 28, 2007 3:45am
GBP/USD

Daily Pivots: (S1) 1.9948; (P) 1.9971; (R1) 2.0014;
Cable's retreat from 2.0016 completed at 1.9928 and recent rally from 1.9621 resumes today by breaking through 2.0016 high, reaching as high as 2.0042 so far. At this point, intraday bias remains on the upside as long as 1.9973 minor support holds and further rally is expected to be seen to retest 2.0016 high. Below 1.9973 will indicate that a short term top is likely formed, probably with bearish divergence conditions staying in 4 hours MACD and RSI. In such case, deeper correction should be seen to below 1.9928 support. But still, in such case, downside is expected to be contained above 1.9783 resistance turned support and bring another rally.
In the bigger picture, the completion of the fall from 2.0132 in a corrective 3 wave manner and the holding of the medium term rising channel indicates that rise from 1.8090 is still in progress, so is the whole up trend from 1.7047. There are various interpretation of the rally from 1.7047 but none is really convincing. Nevertheless, break of 2.0132 high will encourage further rise to near term target of 61.8% projection of 1.9183 to 2.0132 from 1.9621 at 2.0207 first.
On the other hand, medium term up side momentum remains unconvincing with bearish divergence conditions staying in weekly MACD and RSI as well as daily MACD and RSI. But still, sustained break of the medium term rising channel (now at 1.9687) is needed to confirm completion of the rise from 1.8090 and turn medium term outlook bearish. Otherwise, such rally is still treated as in progress and another rise should be seen even in case of pull back.


Action Forex
  • #7,394
  • Jun 28, 2007 3:56am Jun 28, 2007 3:56am
Quoting jest1081
4x! where'd you get that pic! Thats my ex! What happened to the pretty gurl with those plunging neckline!

im wondering why my euro trades are stil lholding after all those sterling moves..
Your wish is my command il ask your ex to be with you tonight, btw here is the latest pics of the girl you're looking for (avatar)! Hope you like it jest1081 happy trading bro.....
  • #7,395
  • Jun 28, 2007 4:03am Jun 28, 2007 4:03am
:surprised

woooo raging hormones...lol

somehow i feel better now, the losses are easier to take lol! Same to you, wish you profits and babes!

Quoting 4x_Trader
Your wish is my command il ask your ex to be with you tonight, btw here is the latest pics of the girl you're looking for (avatar)! Hope you like it jest1081 happy trading bro.....
  • #7,396
  • Jun 28, 2007 4:25am Jun 28, 2007 4:25am
would like another small dip lower, to reload my add ons i scalped out
"Millionaires don't use astrology, billionaires do"
  • #7,397
  • Jun 28, 2007 4:26am Jun 28, 2007 4:26am
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 !!!!!!
No please continue and burn some more cash. Somebody has to pay for my winning trades .
  • #7,398
  • Jun 28, 2007 4:30am Jun 28, 2007 4:30am
Quoting BaasHarm!
No please continue and burn some more cash. Somebody has to pay for my winning trades .
unfortunately this zero sum game someone wins someone loses as soon as we click the mouse.
"Millionaires don't use astrology, billionaires do"
  • #7,399
  • Jun 28, 2007 4:32am Jun 28, 2007 4:32am
pips after pips. profit after profits.

a pro.
BAM BAM BOOM! -bravado
  • #7,400
  • Jun 28, 2007 4:34am Jun 28, 2007 4:34am
Quoting bravado
pips after pips. profit after profits.

a pro.
Being a pro is boring. Having some losses from time to time is good for the adrenaline rush.
We leave no soldier behind.
1 trader viewing now