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Breeze....Update on GBP/JPY

  • #1,141
  • Jan 23, 2008 1:36am Jan 23, 2008 1:36am
Quoting Breeze
That might as well be a good idea.....I might move my 208.50 entry to 210+....lets wait and see.
Well done amigo! Just like you I liquidate my 210 @ 208....Way to go bro! Tnx
  • #1,142
  • Jan 23, 2008 4:02pm Jan 23, 2008 4:02pm
Just hit the 38.2 fib/trendline/ and round number at 209.00 and heading down...do you think its going to continue down to 204 again!
  • #1,143
  • Jan 23, 2008 4:05pm Jan 23, 2008 4:05pm
Quoting Piphunter71
Just hit the 38.2 fib/trendline/ and round number at 209.00 and heading down...do you think its going to continue down to 204 again!
If we are continuing the down trend, should break it and hit 201 area.
But, if it finds hard resistance at 204.5 again, we start to see a turn around in direction.

Lower highs, followed by lower lows, etc.

just thoughts......
  • #1,144
  • Jan 23, 2008 4:56pm Jan 23, 2008 4:56pm
Morning everyone.....
  • #1,145
  • Jan 23, 2008 5:00pm Jan 23, 2008 5:00pm
Quoting forexnovice
I have trading towards the same targets Grandpa
Yep it should be alrite.....
  • #1,146
  • Jan 23, 2008 5:02pm Jan 23, 2008 5:02pm
Quoting 4x_Trader


Well done amigo! Just like you I liquidate my 210 @ 208....Way to go bro! Tnx
I was just listening to "Rice" a while ago saying that US Economy is still in good health.....and that simply states that the US is facing recession.....whenever Poloticians talk sweet know that something is terrebly going wrong behind the back doors......Geppy might dive towards 90....mark my words.
  • #1,147
  • Edited 5:07pm Jan 23, 2008 5:04pm | Edited 5:07pm
Quoting Piphunter71
Just hit the 38.2 fib/trendline/ and round number at 209.00 and heading down...do you think its going to continue down to 204 again!
I'll set some selling orders @ 209.22 again today.
  • #1,148
  • Jan 23, 2008 5:04pm Jan 23, 2008 5:04pm
Quoting kujo17
If we are continuing the down trend, should break it and hit 201 area.
But, if it finds hard resistance at 204.5 again, we start to see a turn around in direction.

Lower highs, followed by lower lows, etc.

just thoughts......
Ok I'll keep that in mind.
  • #1,149
  • Edited 5:18pm Jan 23, 2008 5:06pm | Edited 5:18pm
short @

209.10...............active
209.35...............active

208.50 X 10........active
208.10 X 10........active
209.22 X 10........active
  • #1,150
  • Jan 23, 2008 5:24pm Jan 23, 2008 5:24pm
Ok here we go.....
  • #1,151
  • Jan 23, 2008 5:33pm Jan 23, 2008 5:33pm
I hope it does what it did yesterday. As long I it does not get above 209.50 I am cool!
  • #1,152
  • Jan 23, 2008 5:34pm Jan 23, 2008 5:34pm
id leave space for 210 just to be safe
Fear's for the other guy
  • #1,153
  • Jan 23, 2008 5:53pm Jan 23, 2008 5:53pm
Ok..up 55 pips..hope it works out for us again breeze...I have double my position this time. I sold last time at 205.25
  • #1,154
  • Jan 23, 2008 6:38pm Jan 23, 2008 6:38pm
Quoting Piphunter71
I hope it does what it did yesterday. As long I it does not get above 209.50 I am cool!
Hopefully not....
  • #1,155
  • Jan 23, 2008 6:41pm Jan 23, 2008 6:41pm
Quoting mrhurley1
id leave space for 210 just to be safe
it might be too late to catch this falling monster
  • #1,156
  • Jan 23, 2008 6:42pm Jan 23, 2008 6:42pm
Quoting Piphunter71
Ok..up 55 pips..hope it works out for us again breeze...I have double my position this time. I sold last time at 205.25
Its going to workout just fine.
  • #1,157
  • Jan 23, 2008 7:26pm Jan 23, 2008 7:26pm
Quoting Breeze
it might be too late to catch this falling monster

no worries im already in at 209 and 208.5
Fear's for the other guy
  • #1,158
  • Jan 23, 2008 7:36pm Jan 23, 2008 7:36pm
May at ask what SL are you guys using? I got in at 208.90, should I do anything? Just to be safe... I already moved my SL to BE... Think that'll be ok now? or should I move SL to somewhere else for now?

Thanks
  • #1,159
  • Jan 23, 2008 7:39pm Jan 23, 2008 7:39pm
mine 2 at 209 are at b/e waiting to do same for my 208.5
Fear's for the other guy
  • #1,160
  • Jan 23, 2008 7:41pm Jan 23, 2008 7:41pm
Thanks! =) I feel much better now. Now... let's pray for a huge drop again like yesterday. ^^ Where do you think we might get down to today if it does keep on dropping?
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