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Sami7 replied Apr 26, 2007Are we at a stalemate? UJ at resistance and GJ not doing a darn thing.
Daily GBP/JPY analysis
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Sami7 replied Apr 26, 2007Finally made +50 - notice we retraced to the 50% fibo on the most recent movement up. Have a long order in. Looking at 241 - Eventually.
Daily GBP/JPY analysis
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Sami7 replied Apr 25, 2007So, don't tell me. We are stuck at the 23.6% retracement of the most recent movement up on the 1H chart. In addition, there is a trendline at that area which makes for good support. So,, we are going to test 238.00 (you know what I am going to say - ...
Daily GBP/JPY analysis
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Sami7 replied Apr 25, 2007I'm so glad I'm not trading today. Been one big frustrating week so far.
Daily GBP/JPY analysis
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Sami7 replied Apr 25, 2007Got a question. Is the choppiness of the PJ (currently) what we all will have to learn to trade (scalp) in the coming months or even years? Is most of the Yen pair based on the action of carry trades?
Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007I'm with ya, my target is around 236 also. Then up again to test 238.00. Are your charts confirming?
Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007Yes, thanks Tra-x - I'm working on upgrading my computer. looking for one more hourly candle closing, then unless something changes most probably short.
Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007I've tried to upload my chart - just got too much up. Like I said, we could get a spike up. However, strangely we keep testing this trendline.
Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007Seriously, there are trendlines that look as if they are getting ready to be broken to the downside. Now anything can happen, just take a look. The next candle that closes on the hourly may hold the key here. Tra-x any insight?
Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007
umm....one hour chart looking scary,

hoping for your sake we get a spike up. I'm staying out.Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007Wish I could say that. Hoping to catch the move down.
Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007GAP on UJ 118.63 - 118.67 - think we will go up to fill gap and then head down. OR....we will use that to continue upward and test 238.00 OR We will range sideways....
Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007Looks like bearish divergence to me.
time to find a new avatar...Daily GBP/JPY analysis
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Sami7 replied Apr 24, 2007Waiting for hourly candle will be getting into a short, (let's hope it doesn't try and test 238.00 again)
Daily GBP/JPY analysis