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GBPJPY
Member Since Oct 02, 2014
905 posts
Member Since Dec 11, 2015
1462 posts
Mar 26, 2016 at 09:42
Member Since Dec 11, 2015
1462 posts
Once consolidation ends it will start rising, I think.
Mar 30, 2016 at 06:38
Member Since Feb 15, 2016
165 posts
Life has a way of rewarding patience and discipline.I see GBPJPY ready for a massive sell off.One may enter the sell trade right now or wait for the completion of 15 minutes time frame pullback or a strong close below the current 15 minutes low.SL should be alright at 162.80 and partial TP at 156.72,155.36 and 154.938.after a strong close below the 154.70 level,we may wait for a pullback depending on the kind of close at say 1 or 4 hr time-frame and a Target of 130.317,as we had written earlier,God-willing.
to turn humble investments into huge fortune with minimal risk ...
Member Since Oct 02, 2014
905 posts
Member Since Oct 02, 2014
905 posts
Apr 12, 2016 at 14:58
Member Since Feb 15, 2016
165 posts
Hello traders,following the massive selloff GBPJPY last week and the 4 hr time frame technical set-up yesterday-Monday,we are due for a corrective move up perhaps upto 158.23 level or less.However,the rate decision today and the CPI and core CPI positive news further support the corrective rally.I think we should watch out now again for good buy set-up to target 155.82 and 156.19 possibly God-willing.
to turn humble investments into huge fortune with minimal risk ...
Apr 14, 2016 at 06:28
Member Since Feb 15, 2016
165 posts
Hello traders.With about nine 4 hr candles inability to close above the 155.555 level higher time frame Fib extension of GBPJPY,I believe the corrective move is over and the initial down trend resumed.We should target(testing it) last daily time frame swing low at 151.634 level and possibly go lower down to 149.78 if we see the correct continuation set-up
to turn humble investments into huge fortune with minimal risk ...
Member Since Oct 02, 2014
905 posts
Apr 18, 2016 at 06:11
Member Since Jan 29, 2014
11 posts
My long term target is 147.00, which is 61.8 fib of Jan 2012 to Jun 2015 swing high. With April heading for an engulfing bearish candle, this does not seem so out of the ordinary at the moment, but requires some patience though.
Currently I am already 650 pips up in this trade, entered short March 31. Stop moved to 156.90 which is a few pips above the 50% fib, which is also above a strong s/r area at about 156.00
Currently I am already 650 pips up in this trade, entered short March 31. Stop moved to 156.90 which is a few pips above the 50% fib, which is also above a strong s/r area at about 156.00
They say, you learn from your mistakes.. so I hope to make a lot of them!.
Apr 18, 2016 at 06:26
Member Since Apr 12, 2016
4 posts
Apr 18, 2016 at 06:28
Member Since Apr 12, 2016
4 posts
Member Since Oct 02, 2014
905 posts

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