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Daily GBP/JPY analysis

  • #7,521
  • Jun 29, 2007 1:50am Jun 29, 2007 1:50am
Quoting wansh
248.00 very strong resistance for her...if she passed through the barrier, it will fly high to the moon

looks like some support now @ 247 either that or no buyers yet
  • #7,522
  • Jun 29, 2007 2:08am Jun 29, 2007 2:08am
Quoting zamans98
wow, pity the rodent for being hit by double yellow line.
That;s a noob trading GJ, not a trader, in my view

zamans, its a trader , and dead now, because lost money @ fx...
  • #7,523
  • Jun 29, 2007 2:11am Jun 29, 2007 2:11am
Global news source reporting a dangerous device was found in London ... situation diffused ... device made safe

  • #7,524
  • Jun 29, 2007 2:32am Jun 29, 2007 2:32am
we need some good gbp data to pass 247.50 resistence...
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #7,525
  • Jun 29, 2007 3:24am Jun 29, 2007 3:24am
I wish I knew it. All I can say is that if there was such "good" data available before the news release, the price should have been already going to the direction where it should be going. Now it's kinda going south though. Let's see what happens...

Quoting semar
we need some good gbp data to pass 247.50 resistence...
  • #7,526
  • Jun 29, 2007 3:51am Jun 29, 2007 3:51am
capped at 247.30 high and low of 247.05 for the past 4 hours...
  • #7,527
  • Jun 29, 2007 4:11am Jun 29, 2007 4:11am
eurjpy being bought in good chunks throughout the market as it appears as if the risk reduction theme may have ended for time being

and g j up
  • #7,528
  • Jun 29, 2007 4:20am Jun 29, 2007 4:20am
Quoting persian.forex
eurjpy being bought in good chunks throughout the market as it appears as if the risk reduction theme may have ended for time being

and g j up
I don't believe it have any close relation with GJ.

E/G have a direct impact on G/U and G/J

As you can see E/U = another sissy, movement are limited WEEKLY : High 1.3381, low 1.3315..
  • #7,529
  • Jun 29, 2007 4:26am Jun 29, 2007 4:26am
you know everything has a limit , and sure this also has a limit once it reach it will go backward, it could reach more than 247 but it will not stay a long and come back down, for me both directions are ok , since am not short term trader, up i get pips down i get pips, just it is matter if time and if you know how to play it sure you will be rich, for me am just trading in GBPJPY and nothing else....

but beware nothing is stable......
  • #7,530
  • Jun 29, 2007 4:30am Jun 29, 2007 4:30am
This andicators show me it is going up and up in h4 :

Momentum , ADX by defult , MACD .
byebye costly moments.
  • #7,531
  • Jun 29, 2007 4:36am Jun 29, 2007 4:36am
right, im loading some shorts here...time to hurt some housewives. Friday night football baby, the boys are in the house.
  • #7,532
  • Jun 29, 2007 4:42am Jun 29, 2007 4:42am
Quoting jest1081
..Do you use the trail Brav?..
yap.
BAM BAM BOOM! -bravado
  • #7,533
  • Jun 29, 2007 4:43am Jun 29, 2007 4:43am
Quoting Plutonite
..BTW guys, you know what I was doing while you breathlessly watched the news? I was watching Die Hard 4 at the movies...
well done indeed.
BAM BAM BOOM! -bravado
  • #7,534
  • Jun 29, 2007 4:47am Jun 29, 2007 4:47am
GBPJPY will go up or down?
  • #7,535
  • Jun 29, 2007 4:55am Jun 29, 2007 4:55am
Hi Guys!

GBPJPY closed at 247.18. See bravado? A little patience makes you a rich man. UJ also closed, but I believe it has more room to go up next week than GJ, if GU finally makes that huge plunge we are waiting for. I will not trade today unless some news comes out very strong.

Anyway, this was a beautiful week for me, practically milked the crosses and the AUD (USDCHF closed -15 ) on the way down and up- I hope you did good too (I know u did bravado).

Good luck.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #7,536
  • Jun 29, 2007 4:56am Jun 29, 2007 4:56am
Quoting maksudur rahman
GBPJPY will go up or down?
I think another nice false break out is preparing.
rgds
t.
always expect the unexpected!
  • #7,537
  • Jun 29, 2007 5:01am Jun 29, 2007 5:01am
Quoting Plutonite
Hi Guys!

GBPJPY closed at 247.18. See bravado? A little patience makes you a rich man. ..AUD..- I hope you did good too..
indeed.
BAM BAM BOOM! -bravado
  • #7,538
  • Jun 29, 2007 5:06am Jun 29, 2007 5:06am
Quoting bravado
indeed.
but not banked yet except audusd which i did 1/2 of the profits @ .8450. however, when i trade audusd, i tend to buy 3 times or more, then my usual lot. its darn cheap to trade. profits are as good as gj. so i do have hefty amount running positive.

both pairs can drop at any moment so profits are not fully realized yet.

looking good thus far.
BAM BAM BOOM! -bravado
  • #7,539
  • Jun 29, 2007 5:19am Jun 29, 2007 5:19am
It's just jumping up and down like a flea in a narrow range like we saw the other day. It appears that the beast wants to go up, but someone is putting a lid on it. I guess we should call this guy a crazy flea or something...
  • #7,540
  • Jun 29, 2007 5:24am Jun 29, 2007 5:24am
Quoting ukutrader
It's just jumping up and down like a flea in a narrow range like we saw the other day. It appears that the beast wants to go up, but someone is putting a lid on it. I guess we should call this guy a crazy flea or something...

Hi ukutrader,

are you one of those housewives from Japan?
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