Edit Your Comment
GBPJPY
Medlem sedan Oct 02, 2014
909 inlägg
Feb 20, 2016 at 19:30
Medlem sedan Oct 02, 2014
909 inlägg
Interesting to see what happens this week.
Positivity
Medlem sedan Dec 09, 2015
823 inlägg
Feb 21, 2016 at 10:50
Medlem sedan Dec 09, 2015
823 inlägg
If it breaks below the previous low it will continue falling.
Medlem sedan Oct 11, 2013
775 inlägg
Feb 24, 2016 at 00:07
Medlem sedan Oct 11, 2013
775 inlägg
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.
Medlem sedan Feb 15, 2016
165 inlägg
Feb 24, 2016 at 07:35
Medlem sedan Feb 15, 2016
165 inlägg
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 ...
Medlem sedan Feb 15, 2016
165 inlägg
Feb 24, 2016 at 07:42
Medlem sedan Feb 15, 2016
165 inlägg
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 ...
Medlem sedan Feb 15, 2016
165 inlägg
Feb 24, 2016 at 07:43
Medlem sedan Feb 15, 2016
165 inlägg
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 ...
Medlem sedan Feb 15, 2016
165 inlägg
Feb 25, 2016 at 07:39
Medlem sedan Feb 15, 2016
165 inlägg
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 ...
Medlem sedan Dec 11, 2015
1487 inlägg
Feb 25, 2016 at 14:01
Medlem sedan Dec 11, 2015
1487 inlägg
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?
Medlem sedan Oct 02, 2014
909 inlägg
Feb 26, 2016 at 21:23
Medlem sedan Jun 04, 2014
29 inlägg
that was my trade two days ago
Medlem sedan Dec 09, 2015
823 inlägg
Feb 27, 2016 at 17:26
Medlem sedan Dec 09, 2015
823 inlägg
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.
Medlem sedan Dec 09, 2015
823 inlägg
Mar 01, 2016 at 16:08
Medlem sedan Dec 09, 2015
823 inlägg
I agree, it will probably reach 159.00.
Medlem sedan Oct 02, 2014
909 inlägg
forex_trader_29148
Medlem sedan Feb 11, 2011
1916 inlägg
Mar 01, 2016 at 18:07
Medlem sedan Feb 11, 2011
1916 inlägg
nzdjpy just entered 5 shorts orders tp at 74.43
Medlem sedan Feb 15, 2016
165 inlägg
Mar 02, 2016 at 06:28
Medlem sedan Feb 15, 2016
165 inlägg
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 ...
*Kommersiell användning och skräppost tolereras inte och kan leda till att kontot avslutas.
Tips: Om du lägger upp en bild/youtube-adress bäddas den automatiskt in i ditt inlägg!
Tips: Skriv @-tecknet för att automatiskt komplettera ett användarnamn som deltar i den här diskussionen.