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GBP/JPY for QQE Traders!

  • #1,601
  • Feb 18, 2008 3:12am Feb 18, 2008 3:12am
Quoting Nobitacu
Hmmm... ouch... but at least London still hasn't decided yet on its trend for today, so you might still have a chance for it to go your way, you never know. But as far as the daily chart goes, it looks pretty bear...
lucky me...gj up to 211.07 back...maybe can get some profit...
  • #1,602
  • Feb 18, 2008 3:22am Feb 18, 2008 3:22am
Quoting oly
lucky me...gj up to 211.07 back...maybe can get some profit...

Haha, yup, tell you the truth, I entered a buy now as well. We'll see what happens.
  • #1,603
  • Feb 18, 2008 3:25am Feb 18, 2008 3:25am
Quoting Nobitacu
Haha, yup, tell you the truth, I entered a buy now as well. We'll see what happens.
already tp...take 20 pips only...seem like gj is going higher.pivot level is quite high at 210.96.
  • #1,604
  • Feb 18, 2008 3:26am Feb 18, 2008 3:26am
hey sith! mind if I pick your brains? Ok my 1H 30M and 15 were all going south of course 4H is south but whats happening now?
All the best things in life are free.
  • #1,605
  • Feb 18, 2008 3:27am Feb 18, 2008 3:27am
Quoting oly
already tp...take 20 pips only...seem like gj is going higher.pivot level is quite high at 210.96.
Nice! Congrats! ^^
  • #1,606
  • Feb 18, 2008 3:31am Feb 18, 2008 3:31am
Quoting Nobitacu
Nice! Congrats! ^^
tq...btw im from malaysia...u?..
  • #1,607
  • Feb 18, 2008 3:40am Feb 18, 2008 3:40am
Quoting oly
tq...btw im from malaysia...u?..
I'm from the U.S. Nice to meet you.
  • #1,608
  • Feb 18, 2008 3:42am Feb 18, 2008 3:42am
Quoting Nobitacu
I'm from the U.S. Nice to meet you.
got to got now...see ya later...n good luck...and its seem gj is going bullish...but anything can happen...take care...
  • #1,609
  • Feb 18, 2008 3:42am Feb 18, 2008 3:42am
Current price is 211.20 (low of 210.54)

I still think 212.17 - 212.30 is still a possibility as Friday's low was not broken. The reason I say this is after the market makes a dramatic low the market will tend to move in waves back up (retracement). I was expecting bulls to put up more of a show and break 212.xx. As with my analysis 5 hours ago I will look for short opportunities in the 212.30 zone. At the moment I'm trading with Nobitacu on the Twins 15M / 5M strategy.

Above comments probably contrary to what most ppl are thinking.

Quoting fx_lane
hey sith! mind if I pick your brains? Ok my 1H 30M and 15 were all going south of course 4H is south but whats happening now?
  • #1,610
  • Feb 18, 2008 3:43am Feb 18, 2008 3:43am
Quoting fx_lane
hey sith! mind if I pick your brains? Ok my 1H 30M and 15 were all going south of course 4H is south but whats happening now?
Sith was going out for a bit.

It's just ranging.
No specific direction as of yet.
Very common for this pair.
It can range for hours on end and then move 200 pips in under an hour.

Looks like she's stopped up here below the 38.2 fib line of the last drop.

This is good for shorts, as it's a Lower High, from the 50.0 fib retrace high.

Lower Highs, usually followed by lower lows.

I think mid 210's to upper 209s by end of London session.

US sesh will be slow and painful, as it's Presidents Day here in the States...... also, my birthday....

So, 209 is a given ! ;-)
  • #1,611
  • Feb 18, 2008 3:44am Feb 18, 2008 3:44am
Oh, damn, E, you posted, as I was typing...... glad you're back.
  • #1,612
  • Feb 18, 2008 3:47am Feb 18, 2008 3:47am
hey buddy....am waiting to see your options prediction come to pass !!

Happy Birthday Kujo ! Hope the beast will shower you with lots of pips as a nice gift !

Quoting kujo17
Oh, damn, E, you posted, as I was typing...... glad you're back.
  • #1,613
  • Feb 18, 2008 3:48am Feb 18, 2008 3:48am
I think I see it closing in nicely for a not so good break out. 210.77 to 211.54. just don't where from there this range hope up then down. will see.range markets can waste money sometimes
All the best things in life are free.
  • #1,614
  • Feb 18, 2008 3:50am Feb 18, 2008 3:50am
Quoting Sith Lord
hey buddy....am waiting to see your options prediction come to pass !!

Happy Birthday Kujo ! Hope the beast will shower you with lots of pips as a nice gift !
Yup, Happy Birthday Kujo!

Well, I'm going to sleep, it's almost 4 am here now, I'll wake up tomorrow and check what happens to my trade and take notes of the out come. Good night everyone, and good luck today with London.
  • #1,615
  • Feb 18, 2008 3:56am Feb 18, 2008 3:56am
Quoting Sith Lord
hey buddy....am waiting to see your options prediction come to pass !!

Happy Birthday Kujo ! Hope the beast will shower you with lots of pips as a nice gift !
Not making an Options prediction........

Just saying that in January, when Options expired, next trading day Dow tanked 300 points.

Another FFr brought that to my/our attention.

Just keeping everyone mindful, that Tuesday am, if the Dow goes 'haywire', GJ could be all over the map.

we'll see........

Trade what the charts tell you, as they say.

another 30 hours or so, to worry about that.

thanks guys....... for the Bday wishes.
  • #1,616
  • Feb 18, 2008 4:25am Feb 18, 2008 4:25am
hey kujo happy birthday. I don't think I'm doing good today. it's not moving at all. Think will finally have a move today or we'll just watch paint dry on the wall?
All the best things in life are free.
  • #1,617
  • Edited 4:38am Feb 18, 2008 4:25am | Edited 4:38am
strange request.......

anyone that's gonna be eye ballin the GJ for the next 5-6 hours, can you email me, so I can ask a favor ?

thanks.
  • #1,618
  • Feb 18, 2008 4:27am Feb 18, 2008 4:27am
Quoting fx_lane
hey kujo happy birthday. I don't think I'm doing good today. it's not moving at all. Think will finally have a move today or we'll just watch paint dry on the wall?
Thanks FX.
Not sure. I bet after lunch, the Brits will come back fired up and push her down !! ;-)

Wishful thinking......

I think it's falling, but might be a slow fall.

210.50 area breaks and we'll fall nicely to 209.0

211.70 will hold us in this range for a bit.....

Zzzzzzzz
  • #1,619
  • Feb 18, 2008 4:39am Feb 18, 2008 4:39am
Quoting kujo17
Sith was going out for a bit.


US sesh will be slow and painful, as it's Presidents Day here in the States...... so, my birthday....

So, 209 is a given ! ;-)
happy birthday K, I will be 36 too on the 2/24, hope geepy reach to 209.5 and you get your nice present.....
Fer
  • #1,620
  • Feb 18, 2008 6:18am Feb 18, 2008 6:18am
so gj is going to 209 or not?..
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