GBPJPY
forex_trader_338100
Member Since Jun 21, 2016
898 posts
Mar 30, 2017 at 16:47
To the upside, resistance levels might be located at 139.30 (daily high), 139.50, the 140.00 (psychological) and 140.60 (Mar highs). On the flip side, support might be seen at 138.50, 137.51 (weekly low) and 137.00/05 (Mar 17 low).
Apr 02, 2017 at 07:23
137.51 was indeed a bottom :-)
Right now it is back at the daily 55 ema, which has been in control all of March. If you like to live a risky life, you might go short monday morning, with the stop just at the other side of that 55 ema. Personally I like to wait for a break above or a good rejection to the downside.
Right now it is back at the daily 55 ema, which has been in control all of March. If you like to live a risky life, you might go short monday morning, with the stop just at the other side of that 55 ema. Personally I like to wait for a break above or a good rejection to the downside.
They say, you learn from your mistakes.. so I hope to make a lot of them!.
Apr 03, 2017 at 07:01
mnierop posted:probably this new week a good time yo place a buy? i bought at 139.3 :)
137.51 was indeed a bottom :-)
Right now it is back at the daily 55 ema, which has been in control all of March. If you like to live a risky life, you might go short monday morning, with the stop just at the other side of that 55 ema. Personally I like to wait for a break above or a good rejection to the downside.
forex_trader_338100
Member Since Jun 21, 2016
898 posts
Apr 03, 2017 at 11:38
Momentum above the 140.00 handle, might continue to confront strong resistance near 140.55-60 area, above which the cross seems all set to surpass 140.75 intermediate resistance and head towards reclaiming the 141.00 handle. On the downside, retracement back below session lows support near 139.40-35 area is likely to drag the cross back towards 138.75-70 support before eventually dropping to its next important support near the 138.00 handle.
forex_trader_338100
Member Since Jun 21, 2016
898 posts
Apr 04, 2017 at 09:16
On a sustained weakness below the 137.00 handle, the cross is likely to aim towards yearly lows support near 136.45 level before heading towards 135.90-85 horizontal support. On the upside, 138.00 round figure mark now becomes immediate resistance, above which the recovery momentum could get extended towards 138.65 intermediate resistance ahead of the 139.00 handle.
Apr 17, 2017 at 07:27
I have just opened a short on GBPJPY, it had broken the support of 136.50 last week, which I had in place for a while as the lower end of a triangle and it seems to be in a downward acceleration right now. Next major hurdle I think is 132.25, which has acted as support/resistance in the past (september-October 2016), and if that fails, it can go to 130.00 which has acted as double bottom and is a nice round number.. and if that also fails, it may go for the 1300 pips at about 122.00 the low of 2016 (and all times I think)
They say, you learn from your mistakes.. so I hope to make a lot of them!.
Apr 20, 2017 at 11:02
GBP/JPY - Strong GBP rising with about 450 points during the last few days without any serious correction gives some signs that some profit taking may came today or tomorrow and we may see movement in favor of the JPY and test in the zone 139.00.
forex_trader_367321
Member Since Oct 08, 2016
58 posts
Apr 20, 2017 at 18:46
i am probably no more on target than are any one else here, but this is my current call for gbpjpy...
ceiling is 140.30
target is 138.30
ceiling is 140.30
target is 138.30
Apr 20, 2017 at 21:46
I’m holding long at GBPJPY for the second time from 138.90 (as 138.833 is the Major Resistant in daily chart. My present target is 141.40 as 140.436 is serving as resistant.
However, I will be long again towards 144.784 (The resistant and key level) if the price break 140.446.
(Important: My prices are from ECN Tickmill, your broker might have a little different price)
However, I will be long again towards 144.784 (The resistant and key level) if the price break 140.446.
(Important: My prices are from ECN Tickmill, your broker might have a little different price)
Helping new traders
forex_trader_202857
Member Since Aug 07, 2014
129 posts
Apr 28, 2017 at 11:06
not even a good direction to follow.
May 19, 2017 at 09:30
I agree that GBPJPY is ready for a long now with SL at 143.20 and final TP at 148.38,God-willing.I suggest though that profits are taking from like 145.70 and possibly trailing the rest of the way up.Happy trading.
to turn humble investments into huge fortune with minimal risk ...
