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Daily GBP/JPY analysis

  • #11,881
  • Jul 27, 2007 11:17am Jul 27, 2007 11:17am
be carefull with this trade .. friday night..
  • #11,882
  • Jul 27, 2007 11:17am Jul 27, 2007 11:17am
Quoting emda
now is touching on trendline...
may break an go for the brown one...
lets hope it breaks soon
  • #11,883
  • Jul 27, 2007 11:18am Jul 27, 2007 11:18am
Quoting auslanco
whats your entries guys?
Just checking my mailbox and about to sign off when you sent this signal.....

Wow!!! you're so great. My entry is 240.55
  • #11,884
  • Jul 27, 2007 11:18am Jul 27, 2007 11:18am
Quoting monarch
Just closed 2 shorts here at 240.65 on Friday from 249.85 and 249.18 from Sunday's open Gap entries.

Will remain short on 4 remaining lots from 249.18 until I get a Long signal.

A great week of trading, especially after a couple of weeks of whipsaws, which always make things interesting.

Enjoy the weekend everyone, will see you Sunday.

Ken
Great trade Ken.....as you´re now trading GBPJPY do I guess that you too have given up on "that other room"!

Jono
Trading Levels with WRBs
  • #11,885
  • Jul 27, 2007 11:18am Jul 27, 2007 11:18am
Quoting auslanco
be carefull with this trade .. friday night..
OK..Thanks for the advise auslanco.
New Forex Trader
  • #11,886
  • Jul 27, 2007 11:18am Jul 27, 2007 11:18am
entry at 50.
  • #11,887
  • Jul 27, 2007 11:19am Jul 27, 2007 11:19am
240.40/14

Let me kow if I should get rid of the 240.14
  • #11,888
  • Jul 27, 2007 11:20am Jul 27, 2007 11:20am
Quoting emda
now is touching on trendline...
may break an go for the brown one...

do you think it will bounce up... momentum is very weak
  • #11,889
  • Jul 27, 2007 11:20am Jul 27, 2007 11:20am
uh oh, taking a ride back up, bounced right off that trendline

wow -15 now
  • #11,890
  • Jul 27, 2007 11:20am Jul 27, 2007 11:20am
Quoting auslanco
be carefull with this trade .. friday night..

already out of it for 35 pips on several lots

tks again for all the energy you are putting into this
Trade what you see, not what you think.
  • #11,891
  • Jul 27, 2007 11:21am Jul 27, 2007 11:21am
Quoting auslanco
I will close it @ 16 EST
What time in GMT ?

Thanks
  • #11,892
  • Jul 27, 2007 11:22am Jul 27, 2007 11:22am
Quoting auslanco
whats your entries guys?
240.62
  • #11,893
  • Jul 27, 2007 11:23am Jul 27, 2007 11:23am
Quoting auslanco
do you think it will bounce up... momentum is very weak
well.. the yellow one was my first target for this morning... i said that in a post.... that it will bounce from that yellow trendline which has less slope but i can't say anything now friday afternoon... anything can happen. very risky...
  • #11,894
  • Jul 27, 2007 11:26am Jul 27, 2007 11:26am
  •  Kokan
  • | Joined Mar 2007 | Status: Should I stay, or should I go | 73 Posts
Quoting Ryurina
What time in GMT ?

Thanks
18 GMT+1 my time

17 GMT your time
  • #11,895
  • Jul 27, 2007 11:26am Jul 27, 2007 11:26am
The 38.2% fibo retrace level on the Daily chart is around 239.70 - that´s of the 115 day rally that ended on July 20 - that level might take some breaking if the fall is running out of support from Cable and USDJPY.
Trading Levels with WRBs
  • #11,896
  • Jul 27, 2007 11:27am Jul 27, 2007 11:27am
acording to my indicators is going up a little more of bounce now
  • #11,897
  • Jul 27, 2007 11:28am Jul 27, 2007 11:28am
bought 52 pips down, then got 37 pips going up.

I am done for the weekend. 147% increase in my account. 7 more weeks like this, and I will be a multimillionaire (yea, I know it can't happen).
  • #11,898
  • Jul 27, 2007 11:29am Jul 27, 2007 11:29am
fantastic day for trading...made more than 320 pips!!
  • #11,899
  • Jul 27, 2007 11:33am Jul 27, 2007 11:33am
Iam waiting for a momentum reading @ 13 EST..
  • #11,900
  • Jul 27, 2007 11:33am Jul 27, 2007 11:33am
though they had huge drops over the past couple of days, they generally behaved well and respected S and R and did what was expected of them at the S and R which made trading easier...
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