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GBPJPY
Membro Desde Oct 02, 2014
909 postagens
Feb 20, 2016 at 19:30
Membro Desde Oct 02, 2014
909 postagens
Interesting to see what happens this week.
Positivity
Membro Desde Dec 09, 2015
823 postagens
Feb 21, 2016 at 10:50
Membro Desde Dec 09, 2015
823 postagens
If it breaks below the previous low it will continue falling.
forex_trader_298964
Membro Desde Jan 18, 2016
26 postagens
Feb 23, 2016 at 07:27
Membro Desde Jan 18, 2016
26 postagens
It touched 158.15 and awesome profits from 162.30 level 😎
Its on its way to 155. Lets watch!
Its on its way to 155. Lets watch!
Membro Desde Oct 11, 2013
775 postagens
Feb 24, 2016 at 00:07
Membro Desde Oct 11, 2013
775 postagens
The GBPJPY just keeps dropping, the 156.00 could act as support, but the bearish trend is still very strong and it may break below it.
Membro Desde Feb 15, 2016
165 postagens
Feb 24, 2016 at 07:35
Membro Desde Feb 15, 2016
165 postagens
Really awesome.I guess some profit taking and retracing has set in.It is not ready to proceed to 155.38 area yet.rather,I am buying till 159.70 area with some TP at at 159.12 God-willing. After which we shall be due for another massive shorting till 155.38 God-willing.
to turn humble investments into huge fortune with minimal risk ...
Membro Desde Feb 15, 2016
165 postagens
Feb 24, 2016 at 07:42
Membro Desde Feb 15, 2016
165 postagens
Trace2good is right.There is a strong close below the last low and daily and weekly pivots S2(both).I suppose we are heading to 155.38 level,God-willing.
Happy shorting.
Happy shorting.
to turn humble investments into huge fortune with minimal risk ...
Membro Desde Feb 15, 2016
165 postagens
Feb 24, 2016 at 07:43
Membro Desde Feb 15, 2016
165 postagens
Should price blow through the 155.38 level we may close most of our positions and target 153.973 before possible retracing or else we should spot another good entry to target 150.379,God-willing.The pair awesome.
to turn humble investments into huge fortune with minimal risk ...
forex_trader_298964
Membro Desde Jan 18, 2016
26 postagens
Feb 24, 2016 at 08:00
Membro Desde Jan 18, 2016
26 postagens
I feel its good to buy at 156.40 for a bounce soon! 😀
forex_trader_298964
Membro Desde Jan 18, 2016
26 postagens
Feb 24, 2016 at 10:01
Membro Desde Jan 18, 2016
26 postagens
Got a good bounce from 156.40 to 157.21. Now shorted more lots at 157.21 to enjoy the downride 😀
Membro Desde Feb 15, 2016
165 postagens
Feb 25, 2016 at 07:39
Membro Desde Feb 15, 2016
165 postagens
Good day traders and GBPJPY fans.I see sentiment changing from short to long now.If the GDP news at 9.30 GMT come out positive or higher than expected,I expect a very strong rally-up.If negative,it should give a better low entry point to buy from for a great ride up,God-willing.Below are my technical reasons summarily:
It has been a great ride down since last week with about 678 pips this week alone.With daily candle printing essentially a pin bar at a daily pivot support level S2-155.064 and a good close far above this S2 at 156.18,we are set for a long trade.Stochastic cross-over at S2 in 4HTF is also a good reason to long.Finally there was about 5 hours of consolidation over daily central pivot 156.061 with the ultimate strong breakout close above the central pivot at 156.128.It seems right to long then for at least 500 pips for the averagely aggressive traders.
The conservative traders may wait till a strong close above yesterday's (24.02.2016) daily candle or a retest of today's low and settling down of the market after the high impact GDP news at 9.30 GMT.I am looking at a partial take profit at 160.95 and with a good close above this level,a final exit at 164.20-almost 800 pips by next week,God-willing.
Happy trading.
It has been a great ride down since last week with about 678 pips this week alone.With daily candle printing essentially a pin bar at a daily pivot support level S2-155.064 and a good close far above this S2 at 156.18,we are set for a long trade.Stochastic cross-over at S2 in 4HTF is also a good reason to long.Finally there was about 5 hours of consolidation over daily central pivot 156.061 with the ultimate strong breakout close above the central pivot at 156.128.It seems right to long then for at least 500 pips for the averagely aggressive traders.
The conservative traders may wait till a strong close above yesterday's (24.02.2016) daily candle or a retest of today's low and settling down of the market after the high impact GDP news at 9.30 GMT.I am looking at a partial take profit at 160.95 and with a good close above this level,a final exit at 164.20-almost 800 pips by next week,God-willing.
Happy trading.
to turn humble investments into huge fortune with minimal risk ...
forex_trader_298964
Membro Desde Jan 18, 2016
26 postagens
Feb 25, 2016 at 09:04
Membro Desde Jan 18, 2016
26 postagens
Closed all shorts at 155.20. Now went long at 156.20 and aiming for 165 within next 2 weeks 😀
Membro Desde Dec 11, 2015
1487 postagens
Feb 25, 2016 at 14:01
Membro Desde Dec 11, 2015
1487 postagens
trade2good posted:
Closed all shorts at 155.20. Now went long at 156.20 and aiming for 165 within next 2 weeks 😀
What makes you think there will be a reversal?
Membro Desde Oct 02, 2014
909 postagens
Membro Desde Jun 04, 2014
29 postagens
Feb 26, 2016 at 21:23
Membro Desde Jun 04, 2014
29 postagens
that was my trade two days ago
Membro Desde Dec 09, 2015
823 postagens
Feb 27, 2016 at 17:26
Membro Desde Dec 09, 2015
823 postagens
There's a doji candlestick on the 4-hour time frame below the resistance at 158.50, I think we'll see another drop next week.
Membro Desde Feb 21, 2016
5 postagens
Feb 28, 2016 at 07:27
Membro Desde Feb 21, 2016
5 postagens
Go long for the dragon😇
Lose Small and Win Big
Membro Desde Dec 09, 2015
823 postagens
Mar 01, 2016 at 16:08
Membro Desde Dec 09, 2015
823 postagens
I agree, it will probably reach 159.00.
Membro Desde Oct 02, 2014
909 postagens
forex_trader_29148
Membro Desde Feb 11, 2011
1916 postagens
Mar 01, 2016 at 18:07
Membro Desde Feb 11, 2011
1916 postagens
nzdjpy just entered 5 shorts orders tp at 74.43
Membro Desde Feb 15, 2016
165 postagens
Mar 02, 2016 at 06:28
Membro Desde Feb 15, 2016
165 postagens
Thank you rob559 for the NZDJPY apir idea. EURJPY is another good pair to long at this time too as they are all STRONGLY POSSITIVELY CORRELATED.See https://www.oanda.com/forex-trading/analysis/currency-correlation
to turn humble investments into huge fortune with minimal risk ...
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