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Daily GBP/JPY analysis

  • #11,521
  • Jul 27, 2007 6:18am Jul 27, 2007 6:18am
Im still shorting, now 60+ pips profit ad closing by small amounts with every 12 pips.
  • #11,522
  • Jul 27, 2007 6:18am Jul 27, 2007 6:18am
I see next target down as 240.60 and then 240.36 after that - long shot at 239.50
  • #11,523
  • Jul 27, 2007 6:19am Jul 27, 2007 6:19am
Quoting auslanco
may retrace back to 241. 40ish
I can see that too on mine
  • #11,524
  • Jul 27, 2007 6:20am Jul 27, 2007 6:20am
It looks like we'll be getting confirmation within the hour.
  • #11,525
  • Jul 27, 2007 6:23am Jul 27, 2007 6:23am
Doesn't look like it wants to retrace..
  • #11,526
  • Jul 27, 2007 6:24am Jul 27, 2007 6:24am
you guys should all use good MM otherwise this beast will eat your account alive, it ate my first account LOL
Trade what you see, not what you think.
  • #11,527
  • Jul 27, 2007 6:25am Jul 27, 2007 6:25am
Quoting RJF
It looks like we'll be getting confirmation within the hour.

correct.. after some retracement
  • #11,528
  • Jul 27, 2007 6:26am Jul 27, 2007 6:26am
This pair sheds pips like they're for free or something lol
  • #11,529
  • Jul 27, 2007 6:27am Jul 27, 2007 6:27am
Will you wait for the retrace before making an entry?

Enter when it starts to break back down?
  • #11,530
  • Jul 27, 2007 6:27am Jul 27, 2007 6:27am
WTF!! just went out for a couple of hours and another move down! Did "A" give a signal for a sell?
  • #11,531
  • Jul 27, 2007 6:28am Jul 27, 2007 6:28am
Quoting auslanco
correct.. after some retracement
Exited at 240.60 with 80 pips in the bag ! time for the weekend methinks before I get tooo greeeeeedy !
  • #11,532
  • Jul 27, 2007 6:28am Jul 27, 2007 6:28am
Quoting bravado
it could go lower. i'll be building some long positions from here though.

someone has target set to 241.00. that's not so far-fetched at this point.
Quoting bravado
this could be an unwind. good try on the longs anyway.
current fall.
expected.
BAM BAM BOOM! -bravado
  • #11,533
  • Jul 27, 2007 6:30am Jul 27, 2007 6:30am
Quoting gr8collector
WTF!! just went out for a couple of hours and another move down! Did "A" give a signal for a sell?
no, "A" might have a sell signal within the hour, you're just on time
Trade what you see, not what you think.
  • #11,534
  • Jul 27, 2007 6:30am Jul 27, 2007 6:30am
Hello Aussie...
I'm just coming back. Are we still on on 08:15est? or have i missed something?
  • #11,535
  • Jul 27, 2007 6:31am Jul 27, 2007 6:31am
there's is a risk of retracement up to 241.40ishh... if you are short watch out
  • #11,536
  • Jul 27, 2007 6:32am Jul 27, 2007 6:32am
havent givent my signal yet guys..
  • #11,537
  • Jul 27, 2007 6:33am Jul 27, 2007 6:33am
Quoting auslanco
there's is a risk of retracement up to 241.40ishh... if you are short watch out
I am 5' 11" so should be ok then !
  • #11,538
  • Jul 27, 2007 6:34am Jul 27, 2007 6:34am
What messenger do we need to download, AUS?

Jim
  • #11,539
  • Jul 27, 2007 6:34am Jul 27, 2007 6:34am
Quoting VishalJ
This pair sheds pips like they're for free or something lol
dont you love this pair on the other hand if you on the wrong side of the trade...hmmm
  • #11,540
  • Jul 27, 2007 6:35am Jul 27, 2007 6:35am
Quoting auslanco
havent givent my signal yet guys..
patiently waiting sir. no need to hurry unless all your indicators say "GO".

remember that a mark of a great trader is knowing when NOT to get into a trade.
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