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Daily GBP/JPY analysis

  • #12,461
  • Aug 2, 2007 9:59am Aug 2, 2007 9:59am
Quoting Zoran
You mean the reverse head and shoulders? There are others more clearly defined.
no.

can't put my finger on it. but it just looks fishy to me.
BAM BAM BOOM! -bravado
  • #12,462
  • Aug 2, 2007 10:04am Aug 2, 2007 10:04am
Here, I cleaned it up a bit by raising the lower channel line to the next low candle. It's just about a perfect 500 pip channel. And by the way, I didn't say anything about head and shoulders per this chart.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 1h.jpg Size: 50 KB
  • #12,463
  • Aug 2, 2007 10:08am Aug 2, 2007 10:08am
anyone long on the pair??? think i am going to get into that train now.
  • #12,464
  • Aug 2, 2007 10:13am Aug 2, 2007 10:13am
looks like a bargain? I'm waiting til 243


Bearish wedge on the daily.
  • #12,465
  • Aug 2, 2007 10:14am Aug 2, 2007 10:14am
All GJ traders go have a break and return after 4 hours to have fun at New york close. Its damn dull now hard to see da monitor
  • #12,466
  • Aug 2, 2007 10:16am Aug 2, 2007 10:16am
long at 241.80 aiming 242.80...

good luck to me...
nervous trade.
  • #12,467
  • Aug 2, 2007 10:17am Aug 2, 2007 10:17am
Quoting Alfa159
anyone long on the pair??? think i am going to get into that train now.
since yesterday my friend
Trade what you see, not what you think.
  • #12,468
  • Aug 2, 2007 10:18am Aug 2, 2007 10:18am
Quoting Alfa159
long at 241.80 aiming 242.80...

good luck to me...
nervous trade.

Best of luck

Hope u get it befor today's New york close
  • #12,469
  • Aug 2, 2007 10:19am Aug 2, 2007 10:19am
Quoting The_Genious
Best of luck

Hope u get it befor today's New york close
hope so too.. got bombed at audusd.. want to recover today. and a 100 pip in gbpjpy would not be so bad

but as i said.. i hate the market's movement today.
  • #12,470
  • Aug 2, 2007 10:19am Aug 2, 2007 10:19am
Quoting karmostaji
since yesterday my friend
whats your target?
  • #12,471
  • Aug 2, 2007 10:24am Aug 2, 2007 10:24am
Quoting Alfa159
whats your target?
LOL i'm getting tired posting the same stuff so many times , 242.70 first, if that holds, 244 next
Trade what you see, not what you think.
  • #12,472
  • Aug 2, 2007 10:26am Aug 2, 2007 10:26am
Haha you should just stick it in your sig.
  • #12,473
  • Aug 2, 2007 10:27am Aug 2, 2007 10:27am
I'm long from 241.95, looking at 242.75.
Craazy
  • #12,474
  • Aug 2, 2007 10:27am Aug 2, 2007 10:27am
Quoting imbiber
Haha you should just stick it in your sig.
there we go, life is so much easier now
Trade what you see, not what you think.
  • #12,475
  • Aug 2, 2007 10:28am Aug 2, 2007 10:28am
Quoting karmostaji
LOL i'm getting tired posting the same stuff so many times , 242.70 first, if that holds, 244 next
cool cool we have similar targets... I am thinking of exiting at 242.70 depending on the market movement. but of course first the pair needs to raise more..

242.15 important too..
  • #12,476
  • Aug 2, 2007 10:31am Aug 2, 2007 10:31am
what's going on with the GJ now???!!

&*7$$$#4@!
BAM BAM BOOM! -bravado
  • #12,477
  • Aug 2, 2007 10:32am Aug 2, 2007 10:32am
Quoting bravado
gj didn't even make new highs yet.

&*#$@#$!!!
new high my friend
Trade what you see, not what you think.
  • #12,478
  • Aug 2, 2007 10:32am Aug 2, 2007 10:32am
long since @ 241.78 looking very long term once goes above 244.00 and holds adding longs if 244.00 does not hold then guess will close with couple pips
  • #12,479
  • Aug 2, 2007 10:33am Aug 2, 2007 10:33am
Quoting bravado
what's going on with the GJ now???!!

&*7$$$#4@!
i believe cable is pushing the pair north.
  • #12,480
  • Aug 2, 2007 10:41am Aug 2, 2007 10:41am
haha sorry bravado, higher high. GOING UP!
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