Daily GBP/JPY analysis | Page 104 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

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

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

GBP/JPY, GBP/USD, and EUR/USD (technical analysis) 3,084 replies

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

Adwa Daily GBP/JPY analysis 23 replies

Attachments: Daily GBP/JPY analysis
Exit Attachments

Daily GBP/JPY analysis

  • #2,061
  • Mar 23, 2007 4:14am Mar 23, 2007 4:14am
Quoting hazz
got stoped, long again.
Double-fake signal?
Tra-X
  • #2,062
  • Mar 23, 2007 4:19am Mar 23, 2007 4:19am


I tired from see MY INDICATORS word

Quoting Traex
Double-fake signal?
  • #2,063
  • Mar 23, 2007 4:24am Mar 23, 2007 4:24am
Quoting Traex
Double-fake signal?
yeah got a double fake -100
but im with 66 atm short.
hope tha tits going down and down now.
  • #2,064
  • Mar 23, 2007 4:28am Mar 23, 2007 4:28am
Just to share information.... Russians....Question is whether or not they're showing up throughout the day....

Russian specs have been aggressive sellers of [GBP/YEN] and have also been tipped as big sellers of Gbp/Chf. The flows have caught UK names in he process of attempt on sub 0.6770 stops in Eur/Gbp with a rather swift reverse, seeing the Pound lose ground across the board. Traders also mentioned persistent Gbp/Chf selling through one US investment name earlier, this layered on strength ahead of 2.2900. Stops in Cable have now been targeted and tripped outside of both extremes seen in Asia, the latest sell off seeing 1.9605 traded amidst increasingly illiquid conditions.
  • #2,065
  • Mar 23, 2007 4:36am Mar 23, 2007 4:36am
Quoting cesarnc
Just to share information.... Russians....Question is whether or not they're showing up throughout the day....

Russian specs have been aggressive sellers of [GBP/YEN] and have also been tipped as big sellers of Gbp/Chf. The flows have caught UK names in he process of attempt on sub 0.6770 stops in Eur/Gbp with a rather swift reverse, seeing the Pound lose ground across the board. Traders also mentioned persistent Gbp/Chf selling through one US investment name earlier, this layered on strength ahead of 2.2900. Stops in Cable have now been targeted and tripped outside of both extremes seen in Asia, the latest sell off seeing 1.9605 traded amidst increasingly illiquid conditions.
nice, i got this

EUR/JPY reportedly saw some flows relating to today"s coupon and redemption
payments (EUR 15.3 billion German Bund), while GBP/JPY was hit by an Eastern
European account after reportedly having bought early on in the European
  • #2,066
  • Edited 5:10am Mar 23, 2007 4:49am | Edited 5:10am
Quoting hazz
nice, i got this

EUR/JPY reportedly saw some flows relating to today"s coupon and redemption
payments (EUR 15.3 billion German Bund), while GBP/JPY was hit by an Eastern
European account after reportedly having bought early on in the European
Yep.. Major shakeout...

The worst part of this is messing with the charts and misleading us about the what is going on next...

Geess.. I got my finger ready to go at 230.50 and chickened out... .... Definitely chickens don't make money
  • #2,067
  • Mar 23, 2007 5:01am Mar 23, 2007 5:01am
Quoting cesarnc
Yep.. Major shakeout...

The worst part of this is messing with the charts and misleading us about the what is going on next...

Geess.. I got my finger ready to go at 230.50 and checkened out... .... Definitely chickens don't make money
rofl i agree
well im short since 231.74 . but its all about hope now,hehe
  • #2,068
  • Mar 23, 2007 5:10am Mar 23, 2007 5:10am
did u see that most of the fridays, 2-3 hours after NY open, the g/j do a last big spike and then reverse? check out the chart. i will TP my short after first big wave that we got after NY open, i mean if the short survive until there, market is crazy wild today.
  • #2,069
  • Mar 23, 2007 5:37am Mar 23, 2007 5:37am
NY will be opened in 3 hours ? You think it will hit 30.50 again ?
  • #2,070
  • Mar 23, 2007 5:39am Mar 23, 2007 5:39am
Quoting citsagos
NY will be opened in 3 hours ? You think it will hit 30.50 again ?
no idea, my indicators are short but the market today is to gay everything can happen.
  • #2,071
  • Mar 23, 2007 5:44am Mar 23, 2007 5:44am
Quoting hazz
no idea, my indicators are short but the market today is to gay everything can happen.
Some one has to create a "Freaking Russians gonna sell" indicator, still today
  • #2,072
  • Mar 23, 2007 5:51am Mar 23, 2007 5:51am
Quoting cesarnc
Some one has to create a "Freaking Russians gonna sell" indicator, still today
man that was a big nice drop, must be some russian oil name . im out already and im going sleep. overal was a nice week for me, but i prefer to lose monday then lose on the friday before my weekend , $%$#%@# russians, lol
and $%$@#^ whos buying it back again, hehe
  • #2,073
  • Mar 23, 2007 5:58am Mar 23, 2007 5:58am
Quoting hazz
man that was a big nice drop, must be some russian oil name . im out already and im going sleep. overal was a nice week for me, but i prefer to lose monday then lose on the friday before my weekend , $%$#%@# russians, lol
and $%$@#^ whos buying it back again, hehe
I got myself some blast profit throughout the week with Cable soaring 500 pips... Now negotiating at the top 100...

I'm reducing or zeroing positions ahead of the weekend, too...
  • #2,074
  • Mar 23, 2007 6:19am Mar 23, 2007 6:19am
im going sleep now but i found it cool

this a forecast that i found with FXCM broker

March 23rd.
1-Mth 3-Mth 12-Mth
EUR/USD 1.3350 1.3450 1.3000
USD/JPY 115.50 113.50 109.50
EUR/JPY 154.25 152.50 142.50
GBP/USD 1.9700 1.9900 1.9000
USD/CHF 1.1950 1.1750 1.2250
USD/CAD 1.1650 1.2000 1.1850

who believ eon it anyway? hehe
  • #2,075
  • Mar 23, 2007 6:45am Mar 23, 2007 6:45am
Well, I certainly hope this forum is open for discussion. Woke up to read a lot of ranting in it. Is this a private forum for only one opinion?

Nice to wake up with a 100 pips in the pocket from that slide.

Fundamentals 101: For every person that makes a dollar in trading, someone looses a dollar. In carry trade situations like this, someone's paying the price for those carry trades and they have to stop the bleeding. Sometimes with band aids, and sometimes they get major surgery to correct the problem. Right now it looks like band aids, but that may not be good enough.

At 9:30 EST I mentioned there would be another rise before the fall (see post 2023). Which went a little higher than I thought but quickly turned.

I set my short entry at 231.75 which was where the price crossed the 50MA (a little higher than my predicted 231.50 in my earlier post). However that worked out nicely to make my 100 pip target profit which kicked me out of the trade.

Looks now like we are going to have some more down action and that could break the daily trend and turn it down for a while, depending how much the price moves in the next 4-8 hours.

Hope I am not stepping on anyone's toes in this post sharing my following of this pair. If so, let me know and I will stop.
  • #2,076
  • Mar 23, 2007 6:52am Mar 23, 2007 6:52am
Quoting Spudfyre

At 9:30 EST I mentioned there would be another rise before the fall (see post 2023). Which went a little higher than I thought but quickly turned.
Sorry, but are you expecing another spike up by 9:30 EST today or you are just talking about what happened yesterday?

I'd like to understand that better, although I'm outta GJ. Still holding some confusing positions at UJ that would be solved quicky with 20 pips up only for my major position dumping at all pairs at once. And those 20 pips are looking hard to get out of this market right now
  • #2,077
  • Mar 23, 2007 7:11am Mar 23, 2007 7:11am
Quoting Spudfyre
Well, I certainly hope this forum is open for discussion. Woke up to read a lot of ranting in it. Is this a private forum for only one opinion?.
I like to read your opinion, please keep posting. I also see the down move are prepared, and looks like to pull the trigger at next few hours.....I don't understand too much about fundamental data, tech chart is what I only depends on.....
Attached Image
- Ray Tracy - Novice forex trader from GMT+8
  • #2,078
  • Mar 23, 2007 7:14am Mar 23, 2007 7:14am
Quoting cesarnc
Sorry, but are you expecing another spike up by 9:30 EST today or you are just talking about what happened yesterday?

I'd like to understand that better, although I'm outta GJ. Still holding some confusing positions at UJ that would be solved quicky with 20 pips up only for my major position dumping at all pairs at once. And those 20 pips are looking hard to get out of this market right now
That was yesterday's post at 9:30 pm EST. Don't think you'll see a spike up on GBPJPY in the next little while. Some down action going to happen right now...how much down it will be holds the key to where this pair is headed.
  • #2,079
  • Mar 23, 2007 7:15am Mar 23, 2007 7:15am
Quoting Spudfyre
That was yesterday's post at 9:30 pm EST. Don't think you'll see a spike up on GBPJPY in the next little while. Some down action going to happen right now...how much down it will be holds the key to where this pair is headed.
Thanks... Guess NYC is gonna move USD instead... That I can use that either
  • #2,080
  • Mar 25, 2007 4:05pm Mar 25, 2007 4:05pm
what is the analysis in this pair..up or down
5 traders viewing now