Yeah, I wouldn't be surprised at another test of 235 before the final run up.

Daily GBP/JPY analysis

Went long yesterday @ 236.39... ok, 136 pips

Daily GBP/JPY analysis

I'm out at 237.75, I'll take my 140 pips & run

Daily GBP/JPY analysis

Nice "fix" so far

Daily GBP/JPY analysis

Please tell me you're kidding...you're a regular Bernake around here

Daily GBP/JPY analysis

Now would that mean dollar strength, or Yen weakness? Edited to add: I suppose both could be a possibility as well.

Daily GBP/JPY analysis

Thank ya kindly!

Daily GBP/JPY analysis

Cool, looks like one of my TPs was hit...where do you get your news from again cesarnc?

Daily GBP/JPY analysis

Has GU made it to 2.0034 since this morning? I had a TP there.

Daily GBP/JPY analysis

And I'm stuck in a long at work. After last night Tokyo session scares me. Hope it doesn't do anything too drastic for a few hours.

Daily GBP/JPY analysis

I think we just experienced a retracement to the 23.6 fib level & this thing is still a Bull, where the next 4 hour bar closes will tell alot. This week & next week will definitely let me know if I'm cut out to trade forex.

Daily GBP/JPY analysis

I think longs with SLs on the opposite side of 235 are safe for the moment.

Daily GBP/JPY analysis

Looks like it got rejected like Dikembe Mutombo off the 23.6 fib from 221 to the most recent swing high. Unfortunately it reversed 6 pips from my take profit.

Daily GBP/JPY analysis

Ok, I'm out. This thing has moved 100 pips both ways in a half hour, this is insane!

Daily GBP/JPY analysis

Wow, bears are much more fun than bulls I see. Shorted at 236.35 & picked up 100 pips quick! This thing is dropping it like it's hot!

Daily GBP/JPY analysis

That's the million dollar question at the moment.

Daily GBP/JPY analysis

It seems the only way I can make consistent profits is to baby my trades & watch the screen to pick the best entries & exits, the minute I step away it seems like everthing goes to shit. But I'm sure it's just my perception.

Daily GBP/JPY analysis

I usually can stomach no more than 2% risk per trade.

Daily GBP/JPY analysis

Solid advice. I was beginning to see the $$$s a little prematurely there.

Daily GBP/JPY analysis

I'm still foaming at the mouth, twitching in the corner after last night's hit. Confident my positions were safe, I set liberal SLs & got a few Zs. I woke up with all my stops hit & an 8% drawdown on my account. I'm a newbie to live trading & April ...

Daily GBP/JPY analysis