Breeze....Update on GBP/JPY | Page 53 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Auslanco - GBP/JPY and GBP/USD (newstrade) 235,581 replies

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

long eur/jpy, gbp/jpy, usd/jpy 11 replies

GBP/USD, GBP/JPY trading, my journey 34 replies

Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies

Attachments: Breeze....Update on GBP/JPY
Exit Attachments

Breeze....Update on GBP/JPY

  • #1,041
  • Jan 21, 2008 5:47am Jan 21, 2008 5:47am
Fib 50% shows it could bounce @ 199.64.

Quoting pearsonfx
I do not think that GBPJPY will reach 100 this year or next....

Looking at support and resistance...there is significant support at 202-203 area...as well as the 207 we are faced last week....

207 was big....202 is bigger, not only that but 202 marks the top of a 1000 pip support zone...I think that GBPJPY will have a VERY hard time getting through that, IF it does....but I cannot predict what the market will do, I will only trade it as it goes....
  • #1,042
  • Jan 21, 2008 10:32pm Jan 21, 2008 10:32pm
OMG.......WHAT IS HAPPENING TO THE MARKETS....??????????

Breeze
  • #1,043
  • Jan 21, 2008 10:45pm Jan 21, 2008 10:45pm
Ok .....good I'll stay out until some clear drn is seen.

Breeze
  • #1,044
  • Jan 21, 2008 10:50pm Jan 21, 2008 10:50pm
Did you see the drop in Hong Kong's HSI.....very scary....situation.
  • #1,045
  • Jan 21, 2008 11:01pm Jan 21, 2008 11:01pm
I'll sell @ 205 for a target @ 180.....

for this drp is held by the Japanese buying a lot of USD....ane
  • #1,046
  • Jan 21, 2008 11:31pm Jan 21, 2008 11:31pm
Ok......here we go...
  • #1,047
  • Jan 21, 2008 11:51pm Jan 21, 2008 11:51pm
Quoting Breeze
Ok......here we go...
what are ya thinkin B ?
With the JPY stuff comin up in 9 mins.... we goin down ?
  • #1,048
  • Jan 22, 2008 10:23am Jan 22, 2008 10:23am
Quoting Breeze
I'll sell @ 205 for a target @ 180.....

for this drp is held by the Japanese buying a lot of USD....ane
lucky was not arround when t ht that 205.00 lvl.....

Now short

@ 209.10.....
  • #1,049
  • Jan 22, 2008 10:32am Jan 22, 2008 10:32am
Just added shorts @

209.10...............active
209.35...............active
209.50...............waiting activation
209.00 X 10........waiting activation
  • #1,050
  • Jan 22, 2008 10:35am Jan 22, 2008 10:35am
Just added shorts @

209.10...............active
209.35...............active
209.50...............waiting activation
209.00 X 10........active
  • #1,051
  • Jan 22, 2008 10:56am Jan 22, 2008 10:56am
Benny is now really confused with the situation ....he thought he got everything under control....but too late to save the US economy...tooo late and that has caused me my account....the blame is on him.
  • #1,052
  • Jan 22, 2008 11:08am Jan 22, 2008 11:08am
I dont have confidence in him.....and therefore its going to be for a short term.
  • #1,053
  • Jan 22, 2008 11:21am Jan 22, 2008 11:21am
Is this a dead cat bounce?

Im still not sure whether to add more to my e/j shorts and gold shorts.

Waiting a few more days for clues.
  • #1,054
  • Jan 22, 2008 11:27am Jan 22, 2008 11:27am
I am short at 209.10

1. previous 4HR candle shows bearishness
2. 30M and 1HR GMACD shows support for a reversal.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY2201081.JPG Size: 104 KB
  • #1,055
  • Jan 22, 2008 11:50am Jan 22, 2008 11:50am
I still not convinced this will be a recovery for carry trades.

Still short is better as the least resistance is actually down not up.
  • #1,056
  • Jan 22, 2008 4:07pm Jan 22, 2008 4:07pm
Quoting uncleforex
Is this a dead cat bounce?

Im still not sure whether to add more to my e/j shorts and gold shorts.

Waiting a few more days for clues.
Yep it looks that way.....especially with the Asian markets closed....it should be.

Breeze
  • #1,057
  • Jan 22, 2008 4:08pm Jan 22, 2008 4:08pm
Quoting uncleforex
I still not convinced this will be a recovery for carry trades.

Still short is better as the least resistance is actually down not up.
Benny's help is temporary.....not for a long term.....

Breeze
  • #1,058
  • Jan 22, 2008 4:09pm Jan 22, 2008 4:09pm
Quoting ecomerce
I am short at 209.10

1. previous 4HR candle shows bearishness
2. 30M and 1HR GMACD shows support for a reversal.
Lets see what happens when Asian markets opens.
  • #1,059
  • Jan 22, 2008 4:11pm Jan 22, 2008 4:11pm
short @

209.10...............active
209.35...............active
209.50...............active
209.00 X 10........active
  • #1,060
  • Jan 22, 2008 4:15pm Jan 22, 2008 4:15pm
Quoting Breeze
short @

209.10...............active
209.35...............active
209.50...............active
209.00 X 10........active
Will add more shorts @ 208.50 X 10......to position myself before the asian markets opens....
1 trader viewing now