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Daily GBP/JPY analysis

  • #11,221
  • Jul 27, 2007 1:32am Jul 27, 2007 1:32am
monarch

Whats your target for U/J ....117.90....


Glenn
  • #11,222
  • Jul 27, 2007 1:32am Jul 27, 2007 1:32am
Quoting ak47dan2004
Is it too late to short now that we got a little retrace @2.4228
Just gives you a better entry price.

regards
pippocket
  • #11,223
  • Jul 27, 2007 1:34am Jul 27, 2007 1:34am
Quoting sypultraz
i dont know why i cant add anybody YM id to my messanger list......this is my ID sypultraz
and my [email protected]
Just give Auslanco time to get all the yahoo participants into a group, this is a heavy work load and requires a good deal of time.

I would estimate "A" needing the next few days and even possibly a week to coordinate everyones yahoo im's and also your fxcm account info.

These things cannot happen in 1 hour, it takes time, and "A" is only one man.

Thanks for your consideration and patience in this matter.
  • #11,224
  • Jul 27, 2007 1:34am Jul 27, 2007 1:34am
Quoting dimmi
I should have re-shorted @ 244
you'll get another chance
  • #11,225
  • Jul 27, 2007 1:36am Jul 27, 2007 1:36am
Quoting monarch
Just give Auslanco time to get all the yahoo participants into a group, this is a heavy work load and requires a good deal of time.

I would estimate "A" needing the next few days and even possibly a week to coordinate everyones yahoo im's and also your fxcm account info.

These things cannot happen in 1 hour, it takes time, and "A" is only one man.

Thanks for your consideration and patience in this matter.

Agree very much with you, let him and us trade, then get the other working
Trade what you see, not what you think.
  • #11,226
  • Jul 27, 2007 1:36am Jul 27, 2007 1:36am
here comes, dropping
Don't be panic when it's negative
  • #11,227
  • Jul 27, 2007 1:37am Jul 27, 2007 1:37am
Quoting glenn5t
monarch

Whats your target for U/J ....117.90....


Glenn
If we seen the UJ come down to test the low there, it would be around 60 pips, that would be enough movement to push the GJ down into the 240.50 area "A" is looking at.

Look over the last major move down, the GJ moved 3 times deeper compared to the UJ, so if UJ goes down 60 pips to test the low, then that could take the GJ down 180 pips from here which would easily meet the 240.50 mark.

Just a thought to see the comparissons.

Ken
  • #11,228
  • Jul 27, 2007 1:38am Jul 27, 2007 1:38am
HOT DAMN A!!!! You the MAN!!!!!
  • #11,229
  • Jul 27, 2007 1:39am Jul 27, 2007 1:39am
Quoting gr8collector
HOT DAMN A!!!! You the MAN!!!!!

My exact words!
  • #11,230
  • Jul 27, 2007 1:39am Jul 27, 2007 1:39am
monarch

Thanks..

Glenn
  • #11,231
  • Jul 27, 2007 1:41am Jul 27, 2007 1:41am
The situation is very similar to 11th july.

I am going to TP in 10 mins time and reopen if the trend does not change during the euro session.
  • #11,232
  • Jul 27, 2007 1:41am Jul 27, 2007 1:41am
We are getting near the low test here, lets see if the UJ keeps dropping, and also the GU, they are both pushing the GJ downward.

Also from the UJ retrace, it has moved down about 85 pips so far, but if you look at the GJ retrace, it has moved down 275 pips, so we see if the UJ makes just a nice move, the GJ makes a great move.

The GU moving down here is helping GJ move real quick here this last few hours.

The GU broke the 23.6 retrace level, now looking for the 38.2 at 2.0260, depending on all the news coming forth.
  • #11,233
  • Jul 27, 2007 1:42am Jul 27, 2007 1:42am
Jul 27,2007 02:26 AM
. . . . . . . . . . . . . .
The yen cross moves are vicious right now as the are acting like pass the hot potato.
  • #11,234
  • Jul 27, 2007 1:42am Jul 27, 2007 1:42am
Quoting 59fender
long 241.85
Hope you were fortunate to get out or reverse at ~ 242.25 for some quick profits.

Best of Luck!

I jumped back in shorting at 242.17 with 2 lots and triggered out at 241.68 for 98 more pips about 11 min. later.

Dr. D.
  • #11,235
  • Jul 27, 2007 1:44am Jul 27, 2007 1:44am
Quoting ak47dan2004
thats cool just checking I got rejected at the price I wanted then I chickened out oh well maybe next time
I don't understand your problem? IF the GJ is moving down, you can hop on board anytime and enjoy that part of the ride. You are NEVER tied to a specific entry level.
  • #11,236
  • Jul 27, 2007 1:46am Jul 27, 2007 1:46am
auslanco,

Can you tell what action London is going to take, atm?
  • #11,237
  • Jul 27, 2007 1:48am Jul 27, 2007 1:48am
Quoting Freddyfx
I don't understand your problem? IF the GJ is moving down, you can hop on board anytime and enjoy that part of the ride. You are NEVER tied to a specific entry level.
he is just showing off ,lol
Don't be panic when it's negative
  • #11,238
  • Jul 27, 2007 1:48am Jul 27, 2007 1:48am
Quoting Freddyfx
I don't understand your problem? IF the GJ is moving down, you can hop on board anytime and enjoy that part of the ride. You are NEVER tied to a specific entry level.

I got to get over that for some reason I try to be a perfectionist at everything and in this game thats a no no. So when would be to late to short.
  • #11,239
  • Jul 27, 2007 1:55am Jul 27, 2007 1:55am
So far the re-test came down to 241.50 just 9 pips from the low earlier today, or yesterday depending on where you live.

UJ and Gu are both waiting here for the London Boys to come on in and reply to the big bearish move of yesterdays session.

Lets see where they take us here in a bit.

Good trading to all.

Ken
  • #11,240
  • Jul 27, 2007 1:56am Jul 27, 2007 1:56am
Is London going to short or buy it back?
Any openion? Like to hear.................
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