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musicman007 replied Jul 26, 2007We have hit the 23.6 retrace on that last move at 245.15 - we have to be careful here now. I am tempted to place a long at 245.30 and a re short at 244.80.
Daily GBP/JPY analysis
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musicman007 replied Jul 26, 2007Cheers buddie, guess we will see Ken on Sunday night trading if he is back - I hope he has got some of this action. Another mate of mine just took a couple of days off camping in the New Forest. he is gonna be soooooo pissed !
Daily GBP/JPY analysis
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musicman007 replied Jul 26, 2007My motto - " Make pips, Keep pips, Repeat !"
Daily GBP/JPY analysis
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musicman007 replied Jul 26, 2007GUYS Especially newbies - do not get carried away and stick big trades on , you will remember that to be successful money management is everything. Dont trade what you cant afford to lose and remember - Greed is BAD !!!
Daily GBP/JPY analysis
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musicman007 replied Jul 26, 2007Did that last time and make a quick and dirty 20 pippeto's, will do again. I am still watching the hourly line I mentioned earlier in covring yesterday highs and todays lows. It is amazingly still in play after nearly 36 hours!!!
Daily GBP/JPY analysis
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musicman007 replied Jul 26, 2007On the hourly chart draw a line linking yesterdays highs and extend into today. Yesterdays resisitance is todays support - so far, so when we break and hold below this line I will go short.
Daily GBP/JPY analysis
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musicman007 replied Jul 26, 2007We are now in BST which is 1 hour ahead of GMT so 9am is 8GMT.
Daily GBP/JPY analysis
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musicman007 replied Jul 26, 2007Hi Bud, been here a while just catching up across the board on last nights action. Hope you are refreshed again now. Looking across 1 and 4hr we do look bearish except for Momentum on 4 hour. If we break this 76 point we go to 40, after that ...... ...
Daily GBP/JPY analysis
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musicman007 replied Jul 26, 2007All clear on Tsunami front = SKY News - Despite fears of a killer wave, the US National Weather Service said there was no threat of a destructive, widespread tsunami.
Daily GBP/JPY analysis
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musicman007 replied Jul 25, 2007I agree all indicators are down - but why 245? What have I missed old bean !
Daily GBP/JPY analysis
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musicman007 replied Jul 25, 200745 and just exited with 25 pips, trying to work out where GY will go next.
Daily GBP/JPY analysis
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musicman007 replied Jul 25, 2007Still in my short from 55 so a happy bunny !
Daily GBP/JPY analysis
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musicman007 replied Jul 25, 2007I would opt for "another shrimp on the barbie and a tinnie" anyday !

Daily GBP/JPY analysis
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musicman007 replied Jul 25, 2007Normally I would agree, but recently the UJ has been leading the way so if nbd US news we should go down.
Daily GBP/JPY analysis
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musicman007 replied Jul 25, 2007MI has now changed to down on the 1 hour as well as 4 hour - confirmation methinks, also a number of other indicators either have turned, or are in the process of doing so. I am still concerned that the news is only an hour away though. My short at ...
Daily GBP/JPY analysis
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musicman007 replied Jul 25, 2007Just a thought - could the bad news be priced in already in the last drop as we have had no real news this week?
Daily GBP/JPY analysis