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Daily GBP/JPY analysis

  • #7,861
  • Jul 3, 2007 3:34am Jul 3, 2007 3:34am
I feel the GBPJPY will bound range until Thursday when BOE release the interest rate decision...The 248.00 is the upper range and 246.00 range is the lower..

Just my opinion..

rgitt05

Quoting hijackxx@hotmai
rgitt05


won't it bounces back bullish if u see on chart 4hr frame??
Attached Image (click to enlarge)
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  • #7,862
  • Jul 3, 2007 3:35am Jul 3, 2007 3:35am
Quoting plicksboy
Any suggestions jest1081?,....
buying,...?
i think last week's chart was also breaking through like this, wasnt it?
  • #7,863
  • Jul 3, 2007 3:35am Jul 3, 2007 3:35am
Wow, GBP/JPY feels like riding a roller coaster today.
  • #7,864
  • Jul 3, 2007 3:42am Jul 3, 2007 3:42am
only problem is, i keep falling out of my seat
  • #7,865
  • Jul 3, 2007 3:46am Jul 3, 2007 3:46am
Suspect package found ouside London's Hammersmith station.
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  • #7,866
  • Jul 3, 2007 3:48am Jul 3, 2007 3:48am
hahaha

you can practically draw trendlines and trade fib retracement on the minute bars lol. Someone get me an ecn!
Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 28 KB
  • #7,867
  • Jul 3, 2007 3:48am Jul 3, 2007 3:48am
Hello traders
  • #7,868
  • Jul 3, 2007 3:52am Jul 3, 2007 3:52am
Quoting ukutrader
Wow, GBP/JPY feels like riding a roller coaster today.
lolz it is.
  • #7,869
  • Jul 3, 2007 3:59am Jul 3, 2007 3:59am
Quoting jest1081
hahaha

you can practically draw trendlines and trade fib retracement on the minute bars lol. Someone get me an ecn!
a fantastic analysis im convinced hahahaaha..
  • #7,870
  • Jul 3, 2007 4:06am Jul 3, 2007 4:06am
Possible bound range until the BOE decision
Attached Image (click to enlarge)
Click to Enlarge Name: Ascending Triangle on 4 hr chart GBPJPY.jpg Size: 47 KB
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  • #7,871
  • Jul 3, 2007 4:10am Jul 3, 2007 4:10am
Quoting rgitt05
Possible bound range until the BOE decision
You might be right. Because BOE statement should be bullish, I will look to buy dips to 246. The only thing that scares me is the dangerous reversal candles on the weekly.
We leave no soldier behind.
  • #7,872
  • Jul 3, 2007 4:14am Jul 3, 2007 4:14am
will it go up?
  • #7,873
  • Jul 3, 2007 4:41am Jul 3, 2007 4:41am
I am long.

There are two thigns that worry me:
- how much of BoE expectations is already incorporated into the current price
- what japanese housewives are gonna do
  • #7,874
  • Jul 3, 2007 4:55am Jul 3, 2007 4:55am
short from 247.05, s/l 247.20. i 'm bored to go long. will buy again if already reach the bottom
  • #7,875
  • Jul 3, 2007 5:11am Jul 3, 2007 5:11am
Quoting keramikus
I am long.

There are two thigns that worry me:
- how much of BoE expectations is already incorporated into the current price
- what japanese housewives are gonna do
yeap they'll be busy allrite...cashing in all our money on bento.
Attached Image
  • #7,876
  • Jul 3, 2007 5:36am Jul 3, 2007 5:36am
Breaking 246 mean we will see 38% fibo and the Nick line 244 if break we will see 241,65 61% Fibo

for me iam selling from 247.50 Double Top Formation.
  • #7,877
  • Jul 3, 2007 5:44am Jul 3, 2007 5:44am
Quoting Romandan
Breaking 246 mean we will see 38% fibo and the Nick line 244 if break we will see 241,65 61% Fibo

for me iam selling from 247.50 Double Top Formation.
very good , my idea is like u , I am going too sell .
byebye costly moments.
  • #7,878
  • Jul 3, 2007 5:48am Jul 3, 2007 5:48am
Quoting 1000USD
very good , my idea is like u , I am going too sell .
I'm short too, but not in the places that matter !!!
  • #7,879
  • Jul 3, 2007 5:54am Jul 3, 2007 5:54am
Quoting musicman007
I'm short too, but not in the places that matter !!!
I sold it in 246.68 :
hahahaaaa...
Common down and down .. come down ... I am waiting for Tp at 246.45 short :
byebye costly moments.
  • #7,880
  • Jul 3, 2007 6:16am Jul 3, 2007 6:16am
any one ? any idea ?
byebye costly moments.
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