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kharvell replied Aug 6, 2007Long @ 239.42 because 15-min, 30-min, and 1-hour stoch's all crossed up above 20. 4-hour indicates there might still be some juice on the short side so I'm going to be cautious.. EDIT: Stopped out for +14 pips, will enter in again later(maybe)
Daily GBP/JPY analysis
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kharvell replied Aug 6, 2007238.00 worst case. Hopefully 239.00 holds and we can get on with it

Daily GBP/JPY analysis
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kharvell replied Aug 6, 2007May see a large move up in the next 12 hours. 15-min, 30-min, 1-hour, and 4-hour stochastics all oversold, and I'm just going to wait for most of the stochastics to be showing upwards movement above 20.
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007Exited my Long for +1 pip LOL. Hey, it's better than losing. It's too "whipsawy" to be making anything big, and I still think it will hit 238.00 again before it really goes up.
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007That's worst case scenario.. Stochastics are all getting oversold, I'm not very worried.
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007My S/L is just there in case my computer crashes. I like to not have one and just rely on what I think and not get caught up in the numbers. It usually starts out at 50 pips. Then if the price goes against me like it is now, I will just make it 100, ...
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007Went south on me, going to hold onto it for a little while, within 12 hours I think I will have profit; just going to buy some more later at a better price.
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007What you are describing happens more on smaller time frames like the 15-min and 30-min charts. But when you get to the Hourly chart, when the stochastics turn, it usually takes a while to reverse even if it does only go up to the 50. This is ...
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007I don't always look for only 20, I just look for high probability trades where I don't have to waste a lot of time. 20 pips is a bare minimum I strive for though. It is better to record a win and miss out on pips than to lose. Usually for every win ...
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007forex factory quarrels are lame... so about GBP/JPY....
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007??? The last time I said Long was in this post: http://forexfactory.com/showthread.php?p=1522993#post1522993 And it went up nearly 250 pips, of which I settled for 20. My prediction is based on oversold 15-min, 30-min, and 1-hour stochastics, with ...
Daily GBP/JPY analysis
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kharvell replied Aug 5, 2007I predict a large move up in the next 6 or so hours. Maybe after it hits 238.00?
Daily GBP/JPY analysis
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kharvell replied Aug 3, 2007I hope you're right... I think the market may go back down to 238.00 before it goes up again. Good luck to you!
Daily GBP/JPY analysis
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kharvell replied Aug 3, 2007Got the go ahead to go long for now. Long @ 241.91 EDIT: T/P hit for EASY 20 pips.. 10 minutes
Daily GBP/JPY analysis
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kharvell replied Aug 3, 2007My Prediction: Small Long retracement within the next 2-3 hours setting up next week for a Yen week maybe seeing price hit as low as 238.00 but more likely 240.00. Will let you guys know if/when I go long(it will probably be for small pips)
Daily GBP/JPY analysis
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kharvell replied Aug 3, 2007Long GBP/JPY @ 242.65(VERY short-term) Edit: EXITED for +8 NFP coming out soon....

Daily GBP/JPY analysis