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Daily GBP/JPY analysis

  • #10,701
  • Jul 26, 2007 11:20am Jul 26, 2007 11:20am
Quoting proctorforex
Hop


Hop to you too, Sir!
  • #10,702
  • Jul 26, 2007 11:22am Jul 26, 2007 11:22am
lost some on GBPUSD and for that reason entered on retracement GJ, having a small acount I am not able to have big SL, my current SL is 243.63, do you think it will hold for this retracement?
  • #10,703
  • Jul 26, 2007 11:22am Jul 26, 2007 11:22am
Quoting bravado
who here likes my winning personality.
say "i".








you guys are too much.
You truly are the bored trader. Why so bored?
  • #10,704
  • Jul 26, 2007 11:24am Jul 26, 2007 11:24am
fib levels for the retrace of the move from 247.50 are very close to round numbers.. 245.00 245.50 and 246.00... is nice
  • #10,705
  • Jul 26, 2007 11:24am Jul 26, 2007 11:24am
Quoting ovidiu
lost some on GBPUSD and for that reason entered on retracement GJ, having a small acount I am not able to have big SL, my current SL is 243.63, do you think it will hold for this retracement?
hmm personally i would set my SL a few pips behind the days low
"it doesn't come any sharper than this!"
  • #10,706
  • Jul 26, 2007 11:26am Jul 26, 2007 11:26am
Quoting ovidiu
lost some on GBPUSD and for that reason entered on retracement GJ, having a small acount I am not able to have big SL, my current SL is 243.63, do you think it will hold for this retracement?
245 target... but others if you have made positive pips dont take this trade...
  • #10,707
  • Jul 26, 2007 11:26am Jul 26, 2007 11:26am
Quoting bravado
who here likes my winning personality.
say "i".
i BR
  • #10,708
  • Jul 26, 2007 11:28am Jul 26, 2007 11:28am
Auslanco,

I just closed on the GBP/USD. I saw that it was going down a bit so hung in there for a few more pips. I finished the day about where I started, but you have given me a lot of good lessons today so for that I thank you and I look forward to trading with you next week. Will you be here tomorrow (today Oz time)?
If not have a nice weekend.

Now for about 4 hours sleep before the kids come and jump on me.

regards

Mike
  • #10,709
  • Jul 26, 2007 11:30am Jul 26, 2007 11:30am
Quoting bravado
who here likes my winning personality.
say "i".


I do
  • #10,710
  • Jul 26, 2007 11:32am Jul 26, 2007 11:32am
Quoting MikeW
Auslanco,

I just closed on the GBP/USD. I saw that it was going down a bit so hung in there for a few more pips. I finished the day about where I started, but you have given me a lot of good lessons today so for that I thank you and I look forward to trading with you next week. Will you be here tomorrow (today Oz time)?
If not have a nice weekend.

Now for about 4 hours sleep before the kids come and jump on me.

regards

Mike

Hi Mike ... to be honest I would have never taken that 2nd news trade. I did that hoping It would make you some pips since you missed the big GJ trade after waiting all day for it. I'm glad you havent lost any money on this trade.. we will do things better next week.
  • #10,711
  • Jul 26, 2007 11:33am Jul 26, 2007 11:33am
Boy, GU really moved!
  • #10,712
  • Jul 26, 2007 11:33am Jul 26, 2007 11:33am
Are you done for today aussie? If not what other pair are you interested in?

Can anybody gimme some idea coz i think i'm still gonna spend some more time online.
  • #10,713
  • Jul 26, 2007 11:34am Jul 26, 2007 11:34am
Quoting bluerose
i BR
don't front. i saw that frowning face on your title icon..

Quoting I.Y.I
I do
Quoting jordancash
You truly are the bored trader. Why so bored?
that's what pro's do. be bored.
BAM BAM BOOM! -bravado
  • #10,714
  • Jul 26, 2007 11:35am Jul 26, 2007 11:35am
Quoting hycebee
Are you done for today aussie? If not what other pair are you interested in?

Can anybody gimme some idea coz i think i'm still gonna spend some more time online.

I'm done for the week hycebee.. lets start every thing all overagain from next week..
  • #10,715
  • Jul 26, 2007 11:39am Jul 26, 2007 11:39am
So this movement is a reversal. As opposed to a retracement of the gains this pair has been experiencing for months???

Please Advise.

L.


Quoting auslanco
retracement on GBP/JPY up to 245. 30ish within next 4hrs. be careful as you are going against the trend. if you have made enough pips for this week please dont take this trade..
  • #10,716
  • Jul 26, 2007 11:41am Jul 26, 2007 11:41am
Quoting auslanco
I'm done for the week hycebee.. lets start every thing all overagain from next week..
Where's ur location?? Just wanna have the idea of what time will be at your end.
  • #10,717
  • Jul 26, 2007 11:42am Jul 26, 2007 11:42am
Quoting auslanco
Hi Mike ... to be honest I would have never taken that 2nd news trade. I did that hoping It would make you some pips since you missed the big GJ trade after waiting all day for it. I'm glad you havent lost any money on this trade.. we will do things better next week.
I actually lost a lot on it but made a bit on the kiwi so things didn't work out too bad - I really enjoyed it, quite exciting trading with other people, much more fun than just staring at a screen all day with no one to converse with. So thanks again and I trust you'll be getting some sleep tonight, although the night is still young over there in the West.

regards

Mike
  • #10,718
  • Jul 26, 2007 11:44am Jul 26, 2007 11:44am
Can someone explain how to change my 4hr. candles so that they can begin @ 4est. PM instead of 6 est.pm. Thanks in advance.
  • #10,719
  • Jul 26, 2007 11:46am Jul 26, 2007 11:46am
Quoting bravado
don't front. i saw that frowning face on your title icon..





that's what pro's do. be bored.
Sorry , I click the wrong emoticon. These are the correct ones . The bunny must be happy today ? Have some fun! BR
  • #10,720
  • Jul 26, 2007 11:47am Jul 26, 2007 11:47am
Just to make conversation, and hope not to anoy anyone with my silly questions, but this retracement is due to end on the 5SMA for the H4? that is if I got it right be staying al this long on this thread this last week...
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