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Daily GBP/JPY analysis

  • #221
  • Feb 11, 2007 11:19pm Feb 11, 2007 11:19pm
Quoting Stan
Duke,
You are correct. Keep posting your OPINIONS and ignore those that are wanting you to trade for them.
Ususally people either have not learned to trade yet or they do not want to accept responsibilty for their looses.
I do not know everything, so I enjoy others educated/experienced opinions, but I learned along time ago not to put my money on others opinions.
Keep up the good work.
Stan
Stan,my losses are my responsibility so do not say things that you don t know about me.
Sorry about my english...
  • #222
  • Feb 11, 2007 11:22pm Feb 11, 2007 11:22pm
Basically, I think it's time to buy GBP/JPY. Take it for what it's worth. When you get in and when you get out is your own business...
"The time to act is when others show signs of tire." --W.D. Gann
  • #223
  • Feb 11, 2007 11:22pm Feb 11, 2007 11:22pm
Ok duke,my profit last month are aprx 64% and i do not quit my trade ok?

I will not ask you about price.
Sorry about my english...
  • #224
  • Feb 11, 2007 11:26pm Feb 11, 2007 11:26pm
Quoting CIORIMAU--
Stan,my losses are my responsibility so do not say things that you don t know about me.
Ciorimau,
I was not refering to you at all.
I was refering to some in general and not to you specifically.
I have seen so many want someone to do all the trading for them. I am not putting you in that category.
Let's trade, swap opinions and all make money.
Stan
  • #225
  • Feb 11, 2007 11:28pm Feb 11, 2007 11:28pm
I'm determining my own levels based on my own technical analysis. I like to see the technical analysis of others because it gives me varied opinions. I hold my trades over days, not minutes, so I need solid techs and solid fundamentals. I also appreciate people who can read and write with correct grammar in the English language, when I'm writing and reading posts on an English language forum.
"The time to act is when others show signs of tire." --W.D. Gann
  • #226
  • Feb 11, 2007 11:29pm Feb 11, 2007 11:29pm
Thank you everyone for your valid points, lets get back to the analysis......
  • #227
  • Feb 11, 2007 11:31pm Feb 11, 2007 11:31pm
I do not quit my trade long tonight either since it go really high like 200 pip what stop loss you use?
"The time to act is when others show signs of tire." --W.D. Gann
  • #228
  • Feb 11, 2007 11:32pm Feb 11, 2007 11:32pm
Let's just trade and swap opinions because we all know there is NO 100% system out there! At any rate, after the very boring G7 news I agree that the JPY will again be on the SELL side so buy that GBP! I see it climbing to just above the 242.00 mark ! Will it happen today, tomorrow, this week? I HOPE SO but hey.......... who knows? Good luck to all no matter where you entries and exits may be!
Show me the PIPS!
  • #229
  • Feb 11, 2007 11:32pm Feb 11, 2007 11:32pm
duke,i was born i brazil so don t punish me about my english!!!
Sorry about my english...
  • #230
  • Feb 11, 2007 11:37pm Feb 11, 2007 11:37pm
im not sure whether u guys will take my advise as im new here..well if u guys wanna go long..my suggestion is to watch for 238.29 firstly to see if it breaks up...if it does then u can see it will go up..confirmed..if it doesnt then it will slide down back to say maybe about 236.29-47..
  • #231
  • Feb 11, 2007 11:42pm Feb 11, 2007 11:42pm
Not trying to be a dick, really! Then again, maybe I was...

If you all don't know what an asshole I am by now you haven't been paying attention. That has nothing to do with GBP/JPY, however...

I'm actually trying to help you. That's the sick part.

This is going long as hell for now, if you want to bag on me or call me a dick, that's cool, because I am. I actually revel in being an asshole. I swear I give good advice, though.

Give me an opportunity to be an asshole and I will! It is my way. It is how I live. It is what I love. Run if you are scared, or if you refute my analysis!
"The time to act is when others show signs of tire." --W.D. Gann
  • #232
  • Feb 11, 2007 11:46pm Feb 11, 2007 11:46pm
Samuel84,

It's long, not by the minute or the hour, it's long this week. To the tune of hundreds of pips, unless something funny happens. That's the disclaimer, unless something funny happens. Let's wait for London and keep some reasonable stops...
"The time to act is when others show signs of tire." --W.D. Gann
  • #233
  • Feb 11, 2007 11:47pm Feb 11, 2007 11:47pm
I have in the past noticed that often what occurs on the weekend is repeated during the following week, even if the price returns to the friday close prior to the market getting back into business on sunday.

What occurred during the weekend was first a high of 242.41 followed by a fall to 235.27 then back up to 241.98. I am looking for something similar to this occurring this week. If it does follow this pattern there will be lots of pips to be had.

As a result of technicals, plus at least in theory, fundamentals, as well as the pattern of the weekend, I am currently long and you can see what my goals are. Where I actually close my positions will depend on the technical picture.
  • #234
  • Feb 11, 2007 11:59pm Feb 11, 2007 11:59pm
This long is so obvious that if you think otherwise you should go do something else...
"The time to act is when others show signs of tire." --W.D. Gann
  • #235
  • Feb 12, 2007 12:17am Feb 12, 2007 12:17am
Quoting dukeofdents
This long is so obvious that if you think otherwise you should go do something else...
For something which is so very obvious to the 2 of us, it is amazing how many of our colleagues do not see it.

What is almost as interesting is that over the weekend cable first spiked up to 1.9934 and subsequently dipped down to 1.9424 before returning essentially to where it closed on friday. Anybody care to guess what I think cable is going to do? Would anyone be surprised to find that I am also long on cable?
  • #236
  • Feb 12, 2007 12:21am Feb 12, 2007 12:21am
All night long
  • #237
  • Feb 12, 2007 2:32am Feb 12, 2007 2:32am
Why is this baby going down so much? How far will it go?
  • #238
  • Feb 12, 2007 2:35am Feb 12, 2007 2:35am
Quoting southernmind
Why is this baby going down so much? How far will it go?

If it goes past 237.20 short it baby. It's a squeeze if it does and the pain will commence for many
  • #239
  • Feb 12, 2007 2:50am Feb 12, 2007 2:50am
Quoting southernmind
Why is this baby going down so much? How far will it go?
Probably far enough to shake out a lot of longs. It is just a matter or having patience and brass b--ls.
  • #240
  • Feb 12, 2007 3:35am Feb 12, 2007 3:35am
Go long all night and the gpb/jpy falls hahahahaahahahahahahha
Sorry about my english...
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