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Brave Heart of GBP/JPY

  • #781
  • Sep 25, 2007 4:19am Sep 25, 2007 4:19am
Quoting Gnat
Do we enter long as the chart bounces off the lower trendline and finds confirmation to a move up to 233.00?
even the price arrive 229.50 enter long ... TRGT @ 230.50
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  • #782
  • Sep 25, 2007 4:33am Sep 25, 2007 4:33am
Quoting davido
Hi Guys

Informative stuff..

How far does it go if it breaks the daily triangle????

davido
hi davido... nice to be here..
we should depened on the line chart coz of the price of closing...
so if the present candle on daily TF will close under the traingle and we will get aconfirmation of continuation of down moving tomorrow it will go down far as the depth of the presnt triangle on the horizontal line @ 226.50 price...
but usually it will move by oscillation during this down...
regards
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  • #783
  • Sep 25, 2007 4:47am Sep 25, 2007 4:47am
Thanks pipskidnapper

Will watch it with interest..
  • #784
  • Sep 25, 2007 5:14am Sep 25, 2007 5:14am
Quoting davido
Thanks pipskidnapper

Will watch it with interest..
u welcome davido
  • #785
  • Sep 25, 2007 5:19am Sep 25, 2007 5:19am
Quoting jacob
Hi Pipskidnapper, I am still hold, it seem that this pair sideways all day long. Btw moving SL to open price is to narrow for this volatile pair I thought. Do you still aim ur target @ 231.50 ? Do you think it can be reach today ? Thank's
  • #786
  • Sep 25, 2007 6:08am Sep 25, 2007 6:08am
Quoting pipskidnapper
even the price arrive 229.50 enter long ... TRGT @ 230.50
Hi Pipskidnapper, about this new deal, we should wait until the price below 229.50, or we enter long with 229.50 ? I saw that 4H TF RSI very oversold, and 4H bullish candle already formed, although the lowest price at previous bearish candle only 229.72, not yet reach ur long entry point ? Thank's
  • #787
  • Sep 25, 2007 6:24am Sep 25, 2007 6:24am
Quoting jacob
Hi Pipskidnapper, about this new deal, we should wait until the price below 229.50, or we enter long with 229.50 ? I saw that 4H TF RSI very oversold, and 4H bullish candle already formed, although the lowest price at previous bearish candle only 229.72, not yet reach ur long entry point ? Thank's
I THINK 230.00 IS VERY STRONG SUPPORT PIONT...
AND IT IS BETTER TO ENTER @ THE LOWEST POINT AROUND THIS SUPPORT @ 229.50...
SO WE WILL NOT ENTER LONG BEFORE THE PRICE ARRIVE 229.50 TO GIVE OUR S/T CHANCE IN THE EVENT ARRIVING DOWN UNDER 228.00 IN CASE BREAKING THIS SUPPORT POINT @ 230.00
THAT IS THE GAME
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  • #788
  • Sep 25, 2007 6:45am Sep 25, 2007 6:45am
OK ... stick to the plan
  • #789
  • Sep 25, 2007 7:21am Sep 25, 2007 7:21am
Quoting Gnat
OK ... stick to the plan
Hi Pipskidnapper & Gnat, looks like we miss the train. This rascall jump up 120 pips in one single bullish candle on 15M TF.
  • #790
  • Sep 25, 2007 8:16am Sep 25, 2007 8:16am
Quoting pipskidnapper
Hi
Interesting thread, I am new to forex here, wade through bundle of messages and threads. Found this one possible my style. I order long 229.78 last night, chart show 229.73 is the low but did not hit. Did you have filled at 229.5?
Thanks
  • #791
  • Sep 25, 2007 9:25am Sep 25, 2007 9:25am
I thought the price did arrive @229.80 area

I got in at 230.10 as it start to move up......
  • #792
  • Sep 25, 2007 9:42am Sep 25, 2007 9:42am
$indu break down 13735, initial short gbpjpy
  • #793
  • Sep 25, 2007 10:59am Sep 25, 2007 10:59am
Quoting jacob
Hi Pipskidnapper & Gnat, looks like we miss the train. This rascall jump up 120 pips in one single bullish candle on 15M TF.
we did not mmiss the train jacob ...
it is the news and the rascal moved vastly...
but generally 230.00 is asupport level....
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  • #794
  • Sep 25, 2007 11:01am Sep 25, 2007 11:01am
Quoting allisonn
Hi
Interesting thread, I am new to forex here, wade through bundle of messages and threads. Found this one possible my style. I order long 229.78 last night, chart show 229.73 is the low but did not hit. Did you have filled at 229.5?
Thanks
you welcome allisonn ..
  • #795
  • Sep 26, 2007 7:20am Sep 26, 2007 7:20am
Hi guys
Would anybody here mind telling me on how to attach a file into 30M chart in MT4? (Meta Editor) I'm not really familiar with it since my broker is currently not providing MT4 trading station.
Thanks n happy trading.
  • #796
  • Sep 26, 2007 9:12am Sep 26, 2007 9:12am
now guys the rascal arrived the upper line of the triangle on daily TF .....chart is on 1h TF ...
be ready..... breaking this line means going up untill 235.00 price ...
but now we are in the embarrassment area ... and over bought on stochastic..
most of the trader will believe of going down...
we will wait and see
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  • #797
  • Sep 26, 2007 9:29am Sep 26, 2007 9:29am
Quoting pipskidnapper
now guys the rascal arrived the upper line of the triangle on daily TF .....chart is on 1h TF ...
be ready..... breaking this line means going up untill 235.00 price ...
but now we are in the embarrassment area ... and over bought on stochastic..
most of the trader will believe of going down...
we will wait and see
OK ... on standby here!
  • #798
  • Sep 26, 2007 10:43am Sep 26, 2007 10:43am
now short guys @ 232.60...
TRGT 231.60..
S/L 100
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  • #799
  • Sep 26, 2007 11:24am Sep 26, 2007 11:24am
@ 232.62 & .57
  • #800
  • Sep 26, 2007 11:29am Sep 26, 2007 11:29am
I am in at 232.63. Thanks pips
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