Good Morning, Long from 235.35 the bottom of the 1 hour channel.

Daily GBP/JPY analysis

I agree it may pull back to 235.50 area personally I don't think it will go that far, I see it going to 238 before a significant pullback. But I am just speculating I really don't know, I am staying long hopefully we will both profit. I do see the ...

Daily GBP/JPY analysis

Very nice Trades Islander. I have had a good day so far! too. Chart showing why I love trend lines, the yellow arrows are all long entries. T1 +41 T2 +26 T3 -25 Hit stop T4 Entered 235.74 Still open stop at +10 T5 +39 No entry yet on the next touch ...

Daily GBP/JPY analysis

Current daily chart. Presently 236.50 is proving difficult to break. If it manages too, the declining trend line which is also the 237 area may act as resistance. Price is climbing up up a trend line on the 5m chart giving good long scalps and is ...

Daily GBP/JPY analysis

4 hour Chart with a clearer view. I have shown the fibs of the big move down calculated on the close of a daily chart, Just thought it interesting that the 50% coincides with 238 although it maybe means nothing lol.

Daily GBP/JPY analysis

Forgot the charts! The second one a line chart shows the reject of the declining trend line a great entry point. Edit: sorry the second chart looks a bit messy, I should have removed a few lines before posting it!

Daily GBP/JPY analysis

Good Morning, I missed Fridays trading unfortunatley, spent the day at Donington park watching my son driving a single seater race car. The setups to long looked great, I would definatley have entered around 232.75 and again at 233.3 a bounce off ...

Daily GBP/JPY analysis

[quote=Wolf.;1613415]I am long from 232.5 tight stop 232.25 Stopped out of this trade at 233.75 early hours friday morning and my last scalp for +10. Didn't trade friday away for the day, looks like I missed a couple of nice trades. Will post some ...

Daily GBP/JPY analysis

Hi Cesarnc, Welcome back to this thread, I always read but never posted when you were here. Real nice to have somebody with '7034' posts agree with me! Chris

Daily GBP/JPY analysis

1 hour chart We are solidly above the green trend in my view, I have a trend line off the daily chart (blue) which may be resistance and then 235.5 is the next level . Not forgeting R2, H5, M5, 235 and R3.

Daily GBP/JPY analysis

I see what you mean although its starting to look long to me, attached one of your snake charts 1m please tell me what you think. Taken 4 long scalps off the trend line since lunch, still long from last night and the last scalp I still have running. ...

Daily GBP/JPY analysis

So far, so good - banked over 1500 pips over the 2 and a half days increasing my balance by over 13% I'm getting more adept at this scalping and it's another string to the bow so to speak. Scalping actually feels like cheating lol, however I'd be ...

Steviet's Live Trades!

Very nice analysis and trade rational Islander, you have an enviable grasp of the of the market mechanics. I am slowly picking up on the movements of the other pairs and their influence on GJ.

Daily GBP/JPY analysis

You had a nice entry on your short Islander, are you still in the trade. Need you to take profit so mine can go up lol.

Daily GBP/JPY analysis

GM Islander, Thanks it turn out well, yes I did take some off at 234 but still have 1/4 of my origonal position running. Also just taken another postition long at 233.44 playing the trend line. I have a tight stop and will soon move +1, the t/l is ...

Daily GBP/JPY analysis

Thanks k2low and I sure agree with the last line of your post.

Daily GBP/JPY analysis

'What does it mean' ain't got a clue...I'm am not familier with ellipses either, just playing around with it a few days ago and found it seemed to fit the recent price action qiuet nicely. It gave weight to taking the long last night and it may be ...

Daily GBP/JPY analysis

I have to respectfully disagree with you there although I would love this pair to break out of this range it has been totally tradeable recently.

Daily GBP/JPY analysis

The ellipse I have had on this chart for a few days just playing around with it. Shows the rangeing period and the compression of price. Maybe means nothing just like the way price contained itself within and now seems to be breaking out to the ...

Daily GBP/JPY analysis

LOL Islander I am sure you are most probably correct just slipping back into my over trading ways I guess. But I have had a very good day so if this is a loser so be it. I will post another chart shortly which has more of a bullish feel to it and ...

Daily GBP/JPY analysis