Unconditional target for GBP/JPY | Forex Factory

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Unconditional target for GBP/JPY

  • #1
  • First Post: Aug 15, 2007 1:00am Aug 15, 2007 1:00am
GJ has an unconditional target at 231.01 as short for the moment.

I will keep posting targets as they arise, as long as this thread remains on page 1. keep smiling.
  • #2
  • Aug 15, 2007 1:02am Aug 15, 2007 1:02am
is it the lion I know?
Trade what you see, not what you think.
  • #3
  • Aug 15, 2007 1:07am Aug 15, 2007 1:07am
Quoting karmostaji
is it the lion I know?
Sure you do
  • #4
  • Aug 15, 2007 2:17am Aug 15, 2007 2:17am
unconditional level for GBPUSD is 1.9701
  • #5
  • Aug 15, 2007 2:33am Aug 15, 2007 2:33am
It's nice to see you posting here lion

I have one question, how are you coming up with 231 target?
Trade what you see, not what you think.
  • #6
  • Aug 15, 2007 2:50am Aug 15, 2007 2:50am
Quoting karmostaji
It's nice to see you posting here lion

I have one question, how are you coming up with 231 target?
It's funny, but my target is 231.03.
  • #7
  • Aug 15, 2007 2:50am Aug 15, 2007 2:50am
unconditional level for EURUSD is 1.3450

enjoy

oh well i am just a GJ trader so should stick to my girlfriend GJ
  • #8
  • Aug 15, 2007 8:02pm Aug 15, 2007 8:02pm
GJ achieved our target.

If GJ closes a candle below 231.01 on daily charts then it will also go to 224.91 because then 224.91 becomes an unconditional level.

But, this seems unlikely to happen, we may not break 231.01, a reversal from this level is quite possible.

Sorry, I do not believe in using indicators, just plain mind calculations.
  • #9
  • Aug 15, 2007 10:21pm Aug 15, 2007 10:21pm
I guess it is time to say hello to 224.91
  • #10
  • Aug 16, 2007 1:44am Aug 16, 2007 1:44am
Sure is, GJ does short to 224.91 enjoy the trip.

Good for scalpers too, scalp the shorts wait for it to top then scalp again.
  • #11
  • Aug 16, 2007 6:29am Aug 16, 2007 6:29am
GJ achieves target 224.91

GU in process

EU achieves target 1.3450 and opens the front towards 1.3306
  • #12
  • Aug 16, 2007 6:56am Aug 16, 2007 6:56am
Excellent calls bro, keep it up and please continue
Trade what you see, not what you think.
  • #13
  • Aug 16, 2007 8:44pm Aug 16, 2007 8:44pm
I shorted gbp/jpy around 9pm est....bought it within the hour....+160 pips....possibly my best trade ever
  • #14
  • Aug 16, 2007 9:03pm Aug 16, 2007 9:03pm
Whoops this is the biggest fall after february, a break of 224.91 would take us to 215.04

Normally a deviation of 20 pips is taken as okay but GJ deviated by more than 400 pips already so we are a GO for 215.04

enjoy
  • #15
  • Aug 16, 2007 11:29pm Aug 16, 2007 11:29pm
WHOA !!!

GJ is in a serious mood to fall 900 pips today itself ??? i thought it might take 2 or 3 days.
  • #16
  • Aug 16, 2007 11:56pm Aug 16, 2007 11:56pm
Quoting forexlion
WHOA !!!

GJ is in a serious mood to fall 900 pips today itself ??? i thought it might take 2 or 3 days.
It fall about 1000 pips
{links removed}
  • #17
  • Aug 17, 2007 3:10am Aug 17, 2007 3:10am
Being Friday expect a very highly volatile NY session.
  • #18
  • Aug 17, 2007 5:56pm Aug 17, 2007 5:56pm
The sudden 700 pip haul was the result of the 50bps discount rate cut, we still target 215.04 despite the move. But overall, just ride the waves.
  • #19
  • Aug 17, 2007 8:09pm Aug 17, 2007 8:09pm
Thanks Forexlion, I like your tread and I am sure a lot of other people likes it too.

Quoting forexlion
The sudden 700 pip haul was the result of the 50bps discount rate cut, we still target 215.04 despite the move. But overall, just ride the waves.
"Every battle is won before it is ever fought." - Sun-tzu, The Art of War.
  • #20
  • Aug 19, 2007 11:06pm Aug 19, 2007 11:06pm
hi forexlion,
i'm a trader from Marketiva.....
pls what do we expect from GJ this week?
The World As It Is Can Do With Your Positive Disposition
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