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GBPJPY
Mitglied seit Dec 11, 2015
1487 Posts
Sep 17, 2016 at 08:08
Mitglied seit Dec 11, 2015
1487 Posts
The pair broke below 134.30, next target is around 131.20, I think.
Sep 22, 2016 at 06:23
Mitglied seit Mar 29, 2013
12 Posts
Forex, 22th september 2016 : suggestions for main currencies
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions, taking advantage of correlations between strong and weak currencies.
For the next hours, I prefer sell setups on GBPJPY .
I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.
Thanks and good job.
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions, taking advantage of correlations between strong and weak currencies.
For the next hours, I prefer sell setups on GBPJPY .
I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.
Thanks and good job.
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Oct 02, 2014
909 Posts
Nov 22, 2016 at 07:25
Mitglied seit Jan 29, 2014
11 Posts
GBPJPY at a major s/r level right now - 138.5-139.0 - , that has been rejected before early September and June and July, waiting for a reversal signal to go short OR a convincing break above to go long.
They say, you learn from your mistakes.. so I hope to make a lot of them!.
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Oct 11, 2013
775 Posts
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Oct 02, 2014
909 Posts
forex_trader_338100
Mitglied seit Jun 21, 2016
898 Posts
Mar 20, 2017 at 09:44
Mitglied seit Jun 21, 2016
898 Posts
GBP/JPY: Technical Levels
Higher side: 140.23 (March 16 high), 140.50/57 (Mar 10 & 11 high), 140.90 (50-DMA)
Lower side: 139.58/45 (daily pivot/ classic S1), 139/138.99 (round number/ Mar 9 low), 138.50/38 (psychological levels/ Mar 8 low)
Mar 21, 2017 at 08:08
Mitglied seit Jan 29, 2014
11 Posts
I am watching GBPJPY for a long time now, without placing any orders on this pair.. because .. GBPJPY hasn't been moving for weeks.. at all! It is in a very very narrow range and if zoomed out it is in the tip of a well defined triangle.. the tension is getting high so a break out might be expected soon, and with such a high tension, the breakout will be a strong one... Which way? I have no idea, it could go both ways.
Hence the called out levels are not really significant, when it starts to move it will take out these levels in no time.
This all comes nicely together with the Brexit negotiations starting soon. When the first results come out, this could trigger this pair to start moving again, as it used to be!
My plan: Wait for the break, then a pullback and direction confirmation to enter... both directions it could go a long way (1000-1200 pips!)
Have a good one!
Hence the called out levels are not really significant, when it starts to move it will take out these levels in no time.
This all comes nicely together with the Brexit negotiations starting soon. When the first results come out, this could trigger this pair to start moving again, as it used to be!
My plan: Wait for the break, then a pullback and direction confirmation to enter... both directions it could go a long way (1000-1200 pips!)
Have a good one!
They say, you learn from your mistakes.. so I hope to make a lot of them!.
Mitglied seit Oct 23, 2012
4 Posts
Mar 21, 2017 at 23:45
Mitglied seit Jan 24, 2017
109 Posts
The market is just waiting an excuse to sell GBPJPY. Any bad economic news from the brits will trigger the bear.
To lose the european market is not good news for England in any way. Good news will make move a weak bull. Bad news will awake an angry bear.
To lose the european market is not good news for England in any way. Good news will make move a weak bull. Bad news will awake an angry bear.
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