Good Morning. Charts from last night.

Daily GBP/JPY analysis

Daily line chart. I just love all those trend lines lol, and your your charts should be on the wall of an art gallery. And yes it is way past my bedtime i'll regret it in the morning, I had planned an early night too. So i'm off now GN.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Zoran... The retest of the bottom of your triangle looks good, I see support not far below though favouring longer term longs. Just my view.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hi Nader... I Do tend to agree with that analysis I know the 50% is very important to GJ and you are most probably correct (I hope so because I'm long lol) and we have some good momentum. I still think there is resistance at 240 looking at the chart ...

Daily GBP/JPY analysis

These are some levels and possibilities that I see. 240 is the level I see that has to be broken for a move north. Would be nice to go straight up to 260 from here but of course it could plummet . My bias is still long overall. Time will tell. ...

Daily GBP/JPY analysis

Thank you for the answer Jacko, seems very sound reasoning to me. I am happy now having some profit locked in so if the price falls thats fine and I would hope to join you buying at a cheaper price. Regards, Chris

Jacko's Forex House of Pleasure and Pain

Chart to go with post 13631. Thanks for your help sagecss.

Daily GBP/JPY analysis

Hi PipNick. I have attached two charts one from my trading platform showing the actual trades and one showing trend lines which I hope will help you see the reasoning behind the trades. I normally get into trades looking for a minimum of +50 but ...

Daily GBP/JPY analysis

Hi Jacko, Hope its ok to post a chart (a picture paints a thousand words). 4. I haven't moved our original trading stategy aside. In regard to trend trading, we are flat since last Friday and are waiting to re-enter on the long side. Just trying ...

Jacko's Forex House of Pleasure and Pain

Hi PipNick, Yes I will, just poping out to get some lunch now if have the time before NFP otherwise it may have to be a bit later. I will quickly say those trades were really instinctive 'seat of the pants' trades with a certain amount of luck! ...

Daily GBP/JPY analysis

Hi Islander, Thanks I was lucky and caught the moves this morning, the dog stopped me giving it back lol, staying out until NFP now. Seems a sensible rule I have the same problem, they are another double edged sword. Where in the world are you, I ...

Daily GBP/JPY analysis

Good morning, NFP a double edged sword creates some nice market movement (sometimes!) but screws up some nice set ups like right now. There is a lovely set up to short here at 237 on any other day I would be short. Having said that had two good ...

Daily GBP/JPY analysis

Price has just broken a rising trend line on the fifth touch after forming so may turn into a nice short now. Especially if it rejects the lower side of the trend line. Short from 63 scalp Closed +3

Daily GBP/JPY analysis

Hi Zoran, Just trying to work out the basis for your short, I see the price firmly back in the channel and continueing to rise (hopefully in my case). I know we are near yesterdays high but we have been close to it once and I know its that time of ...

Daily GBP/JPY analysis

New Avatar for you steve.

Steviet's Live Trades!

Closed 1/2 of my position at H3 for +71 stop at + 10 on the remaining half which I will trail. Hmmm looks like I should move my stop up then!

Daily GBP/JPY analysis

Nice to see we are going in the same direction. Will have to read up on the patterns you use something I have studied briefly before but a bit like elliot waves have never got my head around.

Daily GBP/JPY analysis

Morning Zoran,... Do you mean Profit target and may I ask what your entry and target were. I have just gone long at 71

Daily GBP/JPY analysis

I was definatley slow this morning all the signals where there for another good long entry from around 236.35 similar scenario as yesterday with added support from two good trend lines and a support line from the daily. The recent price action may ...

Daily GBP/JPY analysis