I took a short from 139.70 with stops at BE. Lets see

GBP/JPY

I think we are going to get that push into 140 area and if rejected, the big down move should start in my opinion.

GBP/JPY

Hmm, we are creating a LH on 1h/4h and if price cannot break higher soon, then we will reverse back down again.. I banked profits yesterday already secured the bag.

GBP/JPY

If we break the previous high, then yes I'm with you on that holding my long positions for now.

GBP/JPY

I'm actually looking at price to make a run up to 139.50 area and fail, so we create a LH and then the downtrend shall continue, that's just my opinion and the market will do whatever it wants lol. Hopefully we get some nice moves because it has ...

GBP/JPY

No risk management. No trading plan. No discipline. No control over emotions. Low capital / high unrealistic return expectations.

Why do Newbies Lose?

I’m also waiting price to go back up and touch 141 and then will be looking for the big short down

GBP/JPY

I agree, it might spike up to 140ish but then a big short will be in the works.

GBP/JPY

Once price breaks 135.35 area convincingly, we are in for a ride down to 133ish IMO

GBP/JPY

We are here now let's see how it reacts.... patience.

GBP/JPY

It could drop today to 135.50 area and would have to see how price reacts there as that level has been very important the last several weeks/months.

GBP/JPY

Expecting more bearish movement next week. Have a great weekend all

GBP/JPY

Took another sell from 137.55 with stops at BE but the price action has been choppy and tomorrow is Friday, so who knows. It is bearish to me as long as price cannot break 137.60ish area, but would like to see the bears break the support around ...

GBP/JPY

Yeah exactly, I'm holding a short from 137.00 with stops at BE, but this price action is really ugly..

GBP/JPY

Sounds about right to me, could spike a little higher though but overall I'm bearish as long as price is below 137.80 area for now.

GBP/JPY

Agree

GBP/JPY

Staying away from GJ for now, can't trade this choppy PA. Looking at EJ shorts, looks cleaner imo.

GBP/JPY

and I think we might go down... lol

GBP/JPY

I think you are right there, trying to wait for a proper setup is difficult... PA has been choppy for me the last month or so now.

GBP/JPY