Brave Heart of GBP/JPY | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Brave Heart News Scalping System 53 replies

My heart is my guide method 11 replies

Fx Pro Just Broke My Heart 4 replies

Attachments: Brave Heart of GBP/JPY
Exit Attachments

Brave Heart of GBP/JPY

  • #561
  • Sep 7, 2007 3:18am Sep 7, 2007 3:18am
pinbar is not yed created. need 3 proper bar to determine it correctly.
  • #562
  • Sep 7, 2007 3:25am Sep 7, 2007 3:25am
Quoting canaxis
pinbar is not yed created. need 3 proper bar to determine it correctly.
Good point. I'm a bit rash like that. Haha. Usually I ignore the third bar altogether. I think It's okay in my case since I've already gotten in anyway. But yeah. Pinbars are usually a three bar formation.
  • #563
  • Sep 7, 2007 3:28am Sep 7, 2007 3:28am
i dont know if this is a proper trend line or not. yup, i'm still waiting pipskidnapper analyzation. price is still indecisive now.
Attached Image (click to enlarge)
Click to Enlarge Name: asd.JPG Size: 90 KB
  • #564
  • Sep 7, 2007 3:41am Sep 7, 2007 3:41am
guys, any idea?
  • #565
  • Sep 7, 2007 3:53am Sep 7, 2007 3:53am
I guess we should have copied trade #13 of yesterday, but I slept too long.
Now we are in the first transitionarea that was our TP yesterday. No clue - my guess would be up.

Morning!
Gnat
  • #566
  • Sep 7, 2007 3:54am Sep 7, 2007 3:54am
Quoting canaxis
guys, any idea?
I dunno. The way I see it, price will probably go up some more. I mean, a pinbar is a pretty bullish signal. Add to that the fact that the pin bar bounced off daily pivot support, weekly pivot level, monthly pivot level, and other support levels at the 231.80 area. Furthermore, stochs for 15 min, 30 min, and I hour are all heading up. But still, no one knows where the market is heading for sure, so, market could still turn down despite all of what I mentioned.
  • #567
  • Sep 7, 2007 4:06am Sep 7, 2007 4:06am
Quoting tondekeman
I dunno. The way I see it, price will probably go up some more. I mean, a pinbar is a pretty bullish signal. Add to that the fact that the pin bar bounced off daily pivot support, weekly pivot level, monthly pivot level, and other support levels at the 231.80 area. Furthermore, stochs for 15 min, 30 min, and I hour are all heading up. But still, no one knows where the market is heading for sure, so, market could still turn down despite all of what I mentioned.
yes, it fair enough to make assumption that price will go up. do you take long tondekeman?
  • #568
  • Sep 7, 2007 4:12am Sep 7, 2007 4:12am
Yep. Went long at 232.01. Although in hindsight, I could have gotten in at a better price. But, well, that's what I got. Oh well. But if you're asking me whether or not I would take a long now, I'm not too sure. Or rather, I'd rather not.
  • #569
  • Sep 7, 2007 4:18am Sep 7, 2007 4:18am
a bit late but i'm long now too. a little gambling
  • #570
  • Sep 7, 2007 4:22am Sep 7, 2007 4:22am
Quoting canaxis
a bit late but i'm long now too. a little gambling
Good luck to both of us then. I'm still holding my long, and I'm hoping for a 233.00 or better target as well.
  • #571
  • Sep 7, 2007 4:22am Sep 7, 2007 4:22am
Quoting tondekeman
I dunno. The way I see it, price will probably go up some more. I mean, a pinbar is a pretty bullish signal. Add to that the fact that the pin bar bounced off daily pivot support, weekly pivot level, monthly pivot level, and other support levels at the 231.80 area. Furthermore, stochs for 15 min, 30 min, and I hour are all heading up. But still, no one knows where the market is heading for sure, so, market could still turn down despite all of what I mentioned.

Hi guys

Very hard to take a trade at the moment.. major news US Non-Farm Payrolls coming up at 1.30pm UK time.. I may be wrong but i expect price won't do very much until after that and then it will go crazy for a bit .. then.. i think the most likely direction will be down to retest and maybe break the support go down..

We shall see.. i don't think anyone really knows at the moment.. maybe pips might have a better idea though.
Attached Image
  • #572
  • Sep 7, 2007 4:29am Sep 7, 2007 4:29am
I think i got the worst entry .,...... long @ 232.62 ........

if i scalp, i could have made 30 pip by now ......... staying long still though.
  • #573
  • Sep 7, 2007 4:29am Sep 7, 2007 4:29am
Quoting mjolimer
Hi guys

Very hard to take a trade at the moment.. major news US Non-Farm Payrolls coming up at 1.30pm UK time.. I may be wrong but i expect price won't do very much until after that and then it will go crazy for a bit .. then.. i think the most likely direction will be down to retest and maybe break the support go down..

We shall see.. i don't think anyone really knows at the moment.. maybe pips might have a better idea though.
Yeah. NFP coming up. I've moved my stop to breakeven so it's practically a free ride for me now. Regardless of what happens, it's either NFP helps me, or I lose nothing, so it's okay. Besides, maybe traders have already factored in and have expected a really bad number, so it probably won't have much of an impact. I think. Haha.

I'm waiting for pipskidnapper as well though.
  • #574
  • Sep 7, 2007 4:31am Sep 7, 2007 4:31am
you right mjolimer, it's not the right moment. i cancel last deal.
  • #575
  • Sep 7, 2007 4:33am Sep 7, 2007 4:33am
Quoting Syafi
I think i got the worst entry .,...... long @ 232.62 ........

if i scalp, i could have made 30 pip by now ......... staying long still though.
Good heaven's man. Good luck to you.

That makes me feel nervous for you. Haha.
  • #576
  • Sep 7, 2007 4:35am Sep 7, 2007 4:35am
Quoting canaxis
you right mjolimer, it's not the right moment. i cancel last deal.
Very prudent of you carnaxis. Now I'm thinking of closing mine as well. But I'll stick to my system and try to see this through. If I get stopped out, there'll be next week. Although, yeah, I'll feel kind of rotten. Haha.
  • #577
  • Sep 7, 2007 4:48am Sep 7, 2007 4:48am
yup, overall this week is not so trending. not so easy to pick an entry point
  • #578
  • Sep 7, 2007 4:50am Sep 7, 2007 4:50am
with NFT, usually we can see initial spike at opposite direction before it head where it want to go...

with SL too tight. you wont get anything.........

imagine, it would go up, so it will go down first..... then move up .
If it want to go down, it goes down first then it goes up...

Its chaos.
  • #579
  • Sep 7, 2007 4:54am Sep 7, 2007 4:54am
GBP/JPY will come down below 3220 and then decide if it wants to take out that four bar daily low.

Going long is madness...
  • #580
  • Sep 7, 2007 4:57am Sep 7, 2007 4:57am
I guess it'll be wise to close before NFP then. And I'll turn my computer off as well so that I can save myself from my self destructive impulse and revenge trading. Very dangerous habits, although I think I'm already starting to learn my lesson.
0 traders viewing now