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    • Wolf. replied Oct 4, 2007

      We have a rising trend line on the 1h chart from which price has rebounded twice now so in hindsite either of those points would have been a good buy with a small stop so it is still looking long. (maybe) With this being news week we are of course ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 4, 2007

      Good Morning, Have just gone short 236.64 with a 25 pip stop will post a chart shortly. We broke out of the rising 1H channel overnight stopping me out of my longs, presently in a small downtrend, price rose and hit resistance at the London open ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 3, 2007

      May as well post the chart, it is after the fact but thought it may be of interest to someone as to why I took the long at 236.26. Basically it seemed a very low risk trade with only a small stop needed, came down to the bottom of the opening range ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 3, 2007

      I am long at the same place just for different reasons. Bounce off the top of the F/L open, price also had broken above M4 and my upper trend line and I just think it is going up lol!!!!!! Had another good entry lower down, I may post a chart ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 3, 2007

      Just had a look at your 1m chart Islander it is a nice entry and also the bounce up from the trend line that I missed too. I shouldn't have missed it really, still half asleep! I like a sleepy Asian session it often produces some nice trend line ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 3, 2007

      Good Morning, Suprisingly I am still long with my first position from yesterday, left my stop just below the pivot and the price just missed it. I nearly bought at the Frankfurt open when price played with the lower trend line of a wedge created ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 2, 2007

      To be honest I don't take much notice of 'Funnymentals', don't know enough about them. In the past whenever I've tried to interperet them I usually crash and burn. So now I don't take much notice and just focus on what I can understand. That doesn't ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 2, 2007

      Origonally posted by Kn1vez. [Well, no matter how many lines, diamonds, and triangles we draw, we cannot predict what the next news candle will look like. On top of all the brokers spiking the prices to knock out all the little guy's stops, no one ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 2, 2007

      Glad you like my trend lines Kn1vez. Hope you took some profit when it reached the lower one . It would have been a good place to reverse your position to long perhaps, also the daily pivot and with the trend .

      Daily GBP/JPY analysis
    • Wolf. replied Oct 2, 2007

      Yes I did briefly, that was the Elliot wave guy is that right. Never did get my head around EWs so gave up. Did he get banned for some reason, seemed to remember something could be thinking about someone else. Think I came across him in a paltalk ...

      Daily GBP/JPY analysis
    • Wolf. replied Oct 2, 2007

      Great entries Islander I have similar, the first two still running the third a scalp up to the trend line, the fourth I missed but it wasn't the the best entry at all really. The fifth was a good entry bouncing off the declining trend line, closed ...

      Daily GBP/JPY analysis