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Daily GBP/JPY analysis

  • #12,501
  • Aug 2, 2007 11:04am Aug 2, 2007 11:04am
Quoting magiclino
Great call Karmostaji. I've been watching this (your) trade since yesterday. How was your exam? I hope you did as good in that exam as you did here.

I seem to understand your targets. But.... how do you determine your S/Ls?

Thanks
Thanks magiclino, my exam was good.. thanks for asking

I usually put my SL below/above strong fibo's (2 fibo's overlapping) or a strong S/R levels.. it really depends
Trade what you see, not what you think.
  • #12,502
  • Aug 2, 2007 11:04am Aug 2, 2007 11:04am
poor bravado... I think he collapsed down
  • #12,503
  • Aug 2, 2007 11:05am Aug 2, 2007 11:05am
Quoting emda
poor bravado... I think he collapsed down
he has more than 1000 pips for this week, don't worry about him lol
Trade what you see, not what you think.
  • #12,504
  • Aug 2, 2007 11:06am Aug 2, 2007 11:06am
Isn't this area 100% fib retrace of in the 1HR? Strong resistance too here?
  • #12,505
  • Aug 2, 2007 11:06am Aug 2, 2007 11:06am
Quoting karmostaji
he has more than 1000 pips for this week, don't worry about him lol

I think he forgot about money management
  • #12,506
  • Aug 2, 2007 11:07am Aug 2, 2007 11:07am
next stop 243.60
  • #12,507
  • Aug 2, 2007 11:08am Aug 2, 2007 11:08am
Lunch break at 243.00
  • #12,508
  • Aug 2, 2007 11:09am Aug 2, 2007 11:09am
Quoting cesande
If we take out 242.91... be carefull
I'll give it a bit more than that
  • #12,509
  • Aug 2, 2007 11:09am Aug 2, 2007 11:09am
Quoting bobblong
I think he forgot about money management
Hahahaha that made me laugh
Trade what you see, not what you think.
  • #12,510
  • Aug 2, 2007 11:11am Aug 2, 2007 11:11am
pips after pips. profit over profit.
the bulls are back in town. ride it for all its got!!
  • #12,511
  • Edited 11:27am Aug 2, 2007 11:12am | Edited 11:27am
earlier this week.


500+ pips bagged on AJ.

up 1100+ pips on GJ.
however, cashed in @ 930+pips.

i always trade AJ @ 3x times my usual lot.

307(3)+207(3)+107(3)+10(3)+426+326+226+130=3000+ pips on current trade.

total: 500+930+3000=4430+ pips for this week.

http://staff.ustc.edu.cn/%7Ezhxdeng/pics/Money_Bag.gif
$ch$a-chi$ng!
ch$a-ching$!!
c$ha-ch$in$g!!!


Attached Image


my weekend starts. NOW.


i never said i was short..

i am going to lose a LOT of money to:

http://www.pjcj.net/yapc/yapc-eu-200...images/irs.jpg

goal after goal. pips after pips. profit after profits.
 bravado.
a pro.
BAM BAM BOOM! -bravado
  • #12,512
  • Aug 2, 2007 11:12am Aug 2, 2007 11:12am
Quoting Majd
Long from this morning @ 241.34, Daily and 4H resistance lines broken on my chart, will close if retracing @ 243.13 area which the 32.8 Fibo otherwise targeting the 50 Fibo of 244.65.

Karmostaji, do you live in UAE?
closed @ 242.82 for +148 pips, will open again should I see clear crossing of the 38.2.
  • #12,513
  • Aug 2, 2007 11:13am Aug 2, 2007 11:13am
with this momentum 244 is a very real possibility before NY close. dont step on the brake pedal just yet GJ. S and R cant stop this baby now.
  • #12,514
  • Aug 2, 2007 11:14am Aug 2, 2007 11:14am
I'm glad to hear that bravado. I thought you went to hang yourself after a margin call or something.

We all aspire to have as many pips as that
  • #12,515
  • Aug 2, 2007 11:15am Aug 2, 2007 11:15am
Quoting bravado
earlier this week.

i never said i was short..

i am going to lose a LOT of money to:

http://www.pjcj.net/yapc/yapc-eu-200...images/irs.jpg

goal after goal. pips after pips. profit after profits.
 bravado.
a pro.

LOOOOOOOOOOOOOOOL
haha.....
very nice
  • #12,516
  • Aug 2, 2007 11:15am Aug 2, 2007 11:15am
I have a feeling that it will retrace or at least stall for some time at the 243 level.
  • #12,517
  • Aug 2, 2007 11:17am Aug 2, 2007 11:17am
Quoting bobblong
I'm glad to hear that bravado. I thought you went to hang yourself after a margin call or something.

We all aspire to have as many pips as that
heh.
BAM BAM BOOM! -bravado
  • #12,518
  • Aug 2, 2007 11:17am Aug 2, 2007 11:17am
Quoting bravado
earlier this week.
i always trade AJ @ 3x times my usual lot.

Any particular reason?
  • #12,519
  • Aug 2, 2007 11:17am Aug 2, 2007 11:17am
Quoting Majd
I have a feeling that it will retrace or at least stall for some time at the 243 level.
take out the feelings from trading ! heh
  • #12,520
  • Aug 2, 2007 11:19am Aug 2, 2007 11:19am
Quoting emda
LOOOOOOOOOOOOOOOL
haha.....
very nice
BAM BAM BOOM! -bravado
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