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Daily GBP/JPY analysis

  • #12,321
  • Aug 1, 2007 7:47pm Aug 1, 2007 7:47pm
You going short long term
I went long for long term
Quoting MKTrader
240.70 open another sell position in g/j as long term....






Thank you
"Every battle is won before it is ever fought." - Sun-tzu, The Art of War.
  • #12,322
  • Aug 1, 2007 8:00pm Aug 1, 2007 8:00pm
Quoting smikester
..I get the impression even bravado has been a bit faced down.
what do you mean?
BAM BAM BOOM! -bravado
  • #12,323
  • Aug 1, 2007 8:12pm Aug 1, 2007 8:12pm
Quoting bmwboyee
what is your position right now bravado?
profitable.
BAM BAM BOOM! -bravado
  • #12,324
  • Aug 1, 2007 8:12pm Aug 1, 2007 8:12pm
I myself am Short from 240.88 and am down about 50 pips... I may enter another position, but my overall outlook is bearish.
  • #12,325
  • Aug 1, 2007 8:13pm Aug 1, 2007 8:13pm
Quoting kharvell
I myself am Short from 240.88 and am down about 50 pips... I may enter another position, but my overall outlook is bearish.
any reason.
BAM BAM BOOM! -bravado
  • #12,326
  • Aug 1, 2007 8:26pm Aug 1, 2007 8:26pm
Bravado, what if UK keeps interest rates same and dovish comments make GJ drop more? You probably see something I don't (obviously) but currently the global markets still look a bit shaky.. no clear direction.

But then, you're a pro
  • #12,327
  • Aug 1, 2007 8:28pm Aug 1, 2007 8:28pm
Quoting VishalJ
..currently the global markets still look a bit shaky.. no clear direction.

But then, you're a pro
it does. doesn't it.
BAM BAM BOOM! -bravado
  • #12,328
  • Aug 1, 2007 8:30pm Aug 1, 2007 8:30pm
Quoting VishalJ
..a bit shaky.. no clear direction..
good time to dance. like no one is watching. no?
BAM BAM BOOM! -bravado
  • #12,329
  • Aug 1, 2007 8:31pm Aug 1, 2007 8:31pm
Quoting bravado
any reason.
I trade the stochastics.. specifically Spud's method plus some intuition, but here is the pic of my charts with (14,3,3) stoch's.

15 min stoch is turning down, 30 minute stoch has been in a down trend for a while as goes with the 1-hour stoch's. The 4-hour stoch's indicate a slow turn happening. Long-term I would expect a bearish market.
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  • #12,330
  • Aug 1, 2007 8:33pm Aug 1, 2007 8:33pm
Quoting bravado
good time to dance. like no one is watching. no?
Cryptic as always bravado.. I wish I was as bored as you.
  • #12,331
  • Aug 1, 2007 8:34pm Aug 1, 2007 8:34pm
Quoting kharvell
I trade the stochastics.. specifically Spud's method plus some intuition, but here is the pic of my charts with (14,3,3) stoch's.

15 min stoch is turning down, 30 minute stoch has been in a down trend for a while as goes with the 1-hour stoch's. The 4-hour stoch's indicate a slow turn happening. Long-term I would expect a bearish market.
not familiar with spud's method. but i checked out the strategy side of this forum.

who hasn't.

how many pips are you looking for.
BAM BAM BOOM! -bravado
  • #12,332
  • Aug 1, 2007 8:35pm Aug 1, 2007 8:35pm
Quoting VishalJ
Cryptic as always bravado.. I wish I was as bored as you.
far from being bored atm!
BAM BAM BOOM! -bravado
  • #12,333
  • Aug 1, 2007 8:37pm Aug 1, 2007 8:37pm
Quoting bravado
not familiar with spud's method. but i checked out the strategy side of this forum.

who hasn't.

how many pips are you looking for.
I just shoot for 20 a day.
  • #12,334
  • Aug 1, 2007 8:40pm Aug 1, 2007 8:40pm
Quoting kharvell
I just shoot for 20 a day.
k. you WILL get it.

good trade.
BAM BAM BOOM! -bravado
  • #12,335
  • Aug 1, 2007 8:40pm Aug 1, 2007 8:40pm
I think I need bravado's 1000 pip trades to restore my account :
  • #12,336
  • Aug 1, 2007 8:41pm Aug 1, 2007 8:41pm
Quoting bravado
k. you WILL get it.

good trade.
indeed I did, time to play video games
  • #12,337
  • Aug 1, 2007 8:42pm Aug 1, 2007 8:42pm
Quoting kharvell
indeed I did, time to play video games
heh.
BAM BAM BOOM! -bravado
  • #12,338
  • Aug 1, 2007 8:53pm Aug 1, 2007 8:53pm
anyone shorting now?
  • #12,339
  • Aug 1, 2007 9:27pm Aug 1, 2007 9:27pm
Quoting benssol
anyone shorting now?
Yeah wondering the same thing anyone shorting around this 240-241 range?
Craazy
  • #12,340
  • Aug 1, 2007 9:56pm Aug 1, 2007 9:56pm
Quoting craazy
Yeah wondering the same thing anyone shorting around this 240-241 range?
I don't know if I'd ENTER short now, but if you have shorts, I would hold on to them.
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