Nudging the trend line now.. if it breaks there will be a good selling opportunity if it returns and tests it again. After that 231 should easily be attainable and then 229.50. Just my novice view, I could be wrong.

Daily GBP/JPY analysis

Hi Steve, Just thought I would say hello, I last posted on you thread around 2000 posts ago LOL. My first post was on here I believe. You have shown great discipline and determination Steve and have been an inspiration to me and many others I'm ...

Steviet's Live Trades!

I have attached a 5m chart showing price reacting at the S2/monthly pivot area.

Daily GBP/JPY analysis

GBPJPY has finally dropped from the top of the channel and weekly rising trend line after yesterdays quiet day. Price has now stalled around the monthly pivot and S2 area and may move north. Although I think there is more downward movment to at ...

Daily GBP/JPY analysis

Very interesting analysis Zoran it will be interesting to see how it turns out. Regards, Chris.

Daily GBP/JPY analysis

The Week Ahead???? — Couple of interesting close price charts the first one on the weekly, if this were on a smaller timeframe chart to me it would clearly indicate a short. The next is a 4H, not so clear cut but interesting how the price ...

Daily GBP/JPY analysis

Thank you Sideusprime ...it has taken lot of hard work, sweat and tears (literally) to get to get to this point, just have to make sure I keep my discepline. Also just thought I ought to clarify these results are actual market movement trades, ...

Gbp/jpy trading Tip

I understand your view but if it took you all month to make 200 pips I wouldn't be happy with the result even trading 15lots. On the other hand if you just targeted 200 and had sufficient capital too trade 15 lots you then just take the the last ...

Gbp/jpy trading Tip

Another chart the one above didn't show the fibs correctly.

Daily GBP/JPY analysis

Time to wake up this thread. We are at the 50% retracement on the daily chart and the 61.8% of the move from 090807 and at a significant level. A move either way from here, lets see what the news does. For now at least another small retrace then ...

Daily GBP/JPY analysis

Just thought I would post an updated chart...It looked so nice! The trend line worked well as support to continue the move north. Price just above 232.77 L5 /M4 and acting as support now. Lets hope it holds. Next stop 260 (I wish)

Daily GBP/JPY analysis

Price around at the R1 / weekly pivot area and a resistance area from yesterdays price action with the next strong resistance at 232.75.

Daily GBP/JPY analysis

GJ rebounded nicely off the 50% of the last move up and is now at the declining trend line. This should provide a good signal to either buy or sell depending on its reaction here. Looking like a buy with a tight stop at the trend line. I am staying ...

Daily GBP/JPY analysis

Yeah that little mountain has given me +500 today.

Daily GBP/JPY analysis

Yes I agree it turned into a nice steady move down, I am staying short for now. Seems a possible good long entry around here, a bit late in the day though.

Daily GBP/JPY analysis

Well I was wrong we didn't go sideways.

Daily GBP/JPY analysis

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Daily GBP/JPY analysis

Excuse me but when you went long it had only bounced once (please correct me if I am wrong) Otherwise I do agree with your analysis (the second bounce) and as I type It is making higher lows. Although I do think we may just go sideways for a while ...

Daily GBP/JPY analysis

A very nice looking chart Islander...I was long from 231.21. Its amazing how when you are in on the move it makes the chart looks like a work of art! Can you tell me how you use the 200ema + 400, ie did it infuence were you took profit or was that ...

Daily GBP/JPY analysis

Some great trades there Islander...You deserve a nice lunch! In fact I think you should buy us all 'Lunch'. Cheers. Chris.

Daily GBP/JPY analysis