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GBP/JPY

  • #1,141
  • Edited 12:17pm Apr 29, 2014 2:35am | Edited 12:17pm
ok.. just now upper TLines, from H1 to Monthly charts, violated, however I still suspect something... still,.. there are resistance levels above and bear could be released anytime... who knows
Attached Image
  • #1,142
  • Apr 29, 2014 7:24am Apr 29, 2014 7:24am
Karmo
i am with bear camp GJ . my short 172.74 t/p and s/l open
  • #1,143
  • Apr 29, 2014 7:41am Apr 29, 2014 7:41am
Hope will turn back below 173.2..
  • #1,144
  • Edited 10:48am Apr 29, 2014 9:45am | Edited 10:48am
Guys! why entering so early, are you long term traders?
In long term trading, a change in trend could take longer time, hours; days even weeks to confirm and a negative 50 pips won't hurt much because trade sizes are usually very small.
I should have labeled my post as "For long term trading only"

Trade safely
  • #1,145
  • Apr 30, 2014 1:45am Apr 30, 2014 1:45am
GBP JPY got overlapped head and shoulder on H4
How could this be possible?
Anything is possible.
Was yesterday's TLine breach, a bigboys' maneuver to distract?
Could be, maybe, I don't know.
However, Indicators lied
  • #1,146
  • Apr 30, 2014 2:34am Apr 30, 2014 2:34am
Initial short at 172.22, added another leg at 172.35 on the bounce. Targeting 171.85
When the facts change I change my mind, what do you do sir
  • #1,147
  • Apr 30, 2014 10:09am Apr 30, 2014 10:09am
may be time to breakdown the trend , otherwise bye bye Cable
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????
  • #1,148
  • Apr 30, 2014 12:36pm Apr 30, 2014 12:36pm
Quoting hussin naiji
Karmo i am with bear camp GJ . my short 172.74 t/p and s/l open
I have the same view, Fed speaks in 20 mins so hopefully some movement.
Trade what you see, not what you think.
  • #1,149
  • Apr 30, 2014 12:53pm Apr 30, 2014 12:53pm
Same here. GL
There's always money in the banana stand.
  • #1,150
  • Apr 30, 2014 2:32pm Apr 30, 2014 2:32pm
No breakout yet.. game of patience

http://i60.tinypic.com/vmyw5x.png
Trade what you see, not what you think.
  • #1,151
  • May 1, 2014 2:06am May 1, 2014 2:06am
GJ still trading below resistance area 172.60-172.80 and below 4h Gann hilo, a good bearish confirmation would be a close below 4h 50ema (172.10) and 4h QQE crossing downwards. On the other hand, if it breaks above 172.80 and stays above then expect higher levels.

http://i57.tinypic.com/34rhwdv.png
Trade what you see, not what you think.
  • #1,152
  • May 2, 2014 9:49am May 2, 2014 9:49am
Here comes some of that fall few of you were calling earlier this week
  • #1,153
  • May 4, 2014 9:25pm May 4, 2014 9:25pm
pic was taken minutes ago.
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  • #1,154
  • May 7, 2014 1:59pm May 7, 2014 1:59pm
Hi

it looks like nice place to trade for long what do you think ?
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Neural Network Algorithm and Econophysics
  • #1,155
  • May 7, 2014 2:34pm May 7, 2014 2:34pm
What makes you think it could not go down again from here ??

Especially at W1 ??
How to opt out annoying user signatures ??
  • #1,156
  • Edited 5:19pm May 7, 2014 4:14pm | Edited 5:19pm
4 hours chart signal and pivot points. small test position opened, some small pips moved up .

im not very sure but i posted 1 week chart because looks like cup formation, i think nice setup for long ^^

Trend is your best friend.
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Neural Network Algorithm and Econophysics
  • #1,157
  • May 7, 2014 11:36pm May 7, 2014 11:36pm
Quoting Vigovski
Hi it looks like nice place to trade for long what do you think ? {image}
172.00 has been very strong support, if GJ manages to break 173 level then we should definitely see higher levels.
Trade what you see, not what you think.
  • #1,158
  • May 8, 2014 2:12pm May 8, 2014 2:12pm
Hi, this is Arun, I am new to this thread.
I just want to post my views about this pair.
GBP JPY
This currency shows some sort of resistance developed in monthly chart.
DAILY CHART :
A double top formation, but in trend line support now . Wait for a breakout near 171.74
Attached Image (click to enlarge)
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Arun
  • #1,159
  • May 14, 2014 4:11am May 14, 2014 4:11am
Good things come to those who wait..
  • #1,160
  • May 14, 2014 4:40am May 14, 2014 4:40am
Quoting arunthegreat
Hi, this is Arun, I am new to this thread. I just want to post my views about this pair. GBP JPY This currency shows some sort of resistance developed in monthly chart. DAILY CHART : A double top formation, but in trend line support now . Wait for a breakout near 171.74 {image}
Its working good.
Arun
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