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Daily GBP/JPY analysis

  • #14,281
  • Jan 16, 2008 7:45am Jan 16, 2008 7:45am
Today is Wednesday, the highest interest of the times.
http://www.liujiangshi.com/article.asp?id=211
I tanslate it into english


Today buy GBP / JPY in 207

Today is Wednesday, means that gets the exchange rate is God.
Ha ha. Do more courageous to buy GBP / JPY
Afraid of what? the loser has no clothes, even the underwear.
My name is liujiangshi. {Links Removed}
  • #14,282
  • Jan 16, 2008 9:05am Jan 16, 2008 9:05am
Quoting liujiangshi
Today is Wednesday, the highest interest of the times.
http://www.liujiangshi.com/article.asp?id=211
I tanslate it into english


Today buy GBP / JPY in 207

Today is Wednesday, means that gets the exchange rate is God.
Ha ha. Do more courageous to buy GBP / JPY
Afraid of what? the loser has no clothes, even the underwear.

Ok, now I think you are 300 pips right!!, but excuse my ignorance, could you explain me a little bit more or better a bigger bit more?

  • #14,283
  • Jan 16, 2008 9:23am Jan 16, 2008 9:23am
Schmurex - use a new chart for each time frame when you are working with gann lines and start with 1,2,4,8 or0.5, 0.25 etc. If you change the TF it messes up the angles. For me its work in progress, but I'm now concentrating just on the fibs for a few days - there's plenty to do with just the fibs!
Trading Levels with WRBs
  • #14,284
  • Jan 16, 2008 10:40am Jan 16, 2008 10:40am
Quoting paulfx
Ok, now I think you are 300 pips right!!, but excuse my ignorance, could you explain me a little bit more or better a bigger bit more?

Forex is no right or wrong.I think I only luck than you.
My english is no good.I don't know what you mean"could you explain me a little bit more or better a bigger bit more? "
My name is liujiangshi. {Links Removed}
  • #14,285
  • Jan 16, 2008 10:58am Jan 16, 2008 10:58am
Yes, I just would like to know what's your strategy, and why did you said that about wednesday interests?
I hope you don't feel annoyed with all my questions.
Thanks Liu.
  • #14,286
  • Jan 16, 2008 11:35am Jan 16, 2008 11:35am
http://www.fxdd.com/rolloverrates.html

I have been chosen to do more usd/jpy, eur/jpy and others in wednesday. There is small risk to make mistakes. For example, today gbp/jpy fell 300 pips. the trend is clearly fall down, I still buy it.
My name is liujiangshi. {Links Removed}
  • #14,287
  • Jan 24, 2008 9:21am Jan 24, 2008 9:21am
Why don't we just do what the charts say and stop trying to predict the future?
Attached Image
  • #14,288
  • Jan 24, 2008 11:28am Jan 24, 2008 11:28am
Quoting DollaBill
Why don't we just do what the charts say and stop trying to predict the future?

yea!
Fear's for the other guy
  • #14,289
  • Jan 24, 2008 1:19pm Jan 24, 2008 1:19pm
If you follow YOUR rules, you will be successful, 80% of the time.
Attached Image
  • #14,290
  • Feb 5, 2008 3:48am Feb 5, 2008 3:48am
The following chart shows GBP/JPY at the top of channel from 27th December (when we were already in a downtrend).

Attached Image


GBP .25 rate cut due. It should be 0.5 but they're keeping their powder dry and anti inflationary. There will be more.

Add to this - Japan has no room to cut rates - who will be the next US president? - and we don't have a recipe for a souffle. LOL...
Gone to a better place
  • #14,291
  • Feb 6, 2008 1:05pm Feb 6, 2008 1:05pm
BOE rate decision, cut 0.25
  • #14,292
  • Apr 28, 2008 5:37pm Apr 28, 2008 5:37pm
I was waiting for this thread to reach page 1000 so I can make a post but it looks like I'll be waiting a while!
  • #14,293
  • Apr 28, 2008 11:16pm Apr 28, 2008 11:16pm
Quoting Zoran
I was waiting for this thread to reach page 1000 so I can make a post but it looks like I'll be waiting a while!
i am still short from yesterday 207.29 expecting a drop to 205.00 or so,looking to go long from there' overall i am bearish,just not; just yet;Peace 59
  • #14,294
  • Apr 29, 2008 4:19am Apr 29, 2008 4:19am
i've taken some profits,scaled out half lets see if this will drop another 100 pips or so
  • #14,295
  • Apr 29, 2008 7:18am Apr 29, 2008 7:18am
Quoting 59fender
i've taken some profits,scaled out half lets see if this will drop another 100 pips or so
exit 205
  • #14,296
  • Apr 29, 2008 9:20am Apr 29, 2008 9:20am
59fender, Only 47 pages left
  • #14,297
  • May 1, 2008 11:01am May 1, 2008 11:01am
This thread is not so active coz no one posting analysis on this pair..
  • #14,298
  • May 1, 2008 12:42pm May 1, 2008 12:42pm
its a pity,,,this used to be a great thread...
  • #14,299
  • May 2, 2008 4:29am May 2, 2008 4:29am
Seems like price will retrace(not sure) to 207.30/50 , then look for another bull run upto 209.60
Attached Image (click to enlarge)
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  • #14,300
  • May 2, 2008 4:47am May 2, 2008 4:47am
One can start building shorts if they have huge margin by taking 200-300 pips risk.. monthly 5 sma low is at 200/201 and 5sma high @ 212.40
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