Ok thanks! I actually entered at 213.11, so i'm quite late ! I am waiting for the swap to come in my pocket and I guess I'll close the trade when I'll be 1 pip up. I don't feel it well, and I start to get scared about this kind of slow market that ...

GBP/JPY for QQE Traders!

... or if you confirm that my entry point is quite well based upon your strategy too... maybe a lil bit late, but whatever. Let me know... I actually based the trade upon Aus' system at first and then checked yours.

GBP/JPY for QQE Traders!

Kujo can you tell me whether there were a signal with your strategy on the H1 TF, at 7pm GMT (so 2PM EST, 11AM PST, ....). Just wanna know your point of view, especially regarding the QQE indicator at this point.

GBP/JPY for QQE Traders!

Aus' system pointed bullish and Kujo's system too somehow few minutes ago. I am long at 213.11, targeting the NY S1 at 213.78. I might close the trade before though given the slow market.

GBP/JPY for QQE Traders!

Ok thanks a lot! I'm gonna have to trade like that a little bit this week when the market will be trending again. You could even have a look at ADX for a trending/ranging market (trending when >25). So basically you based all your trades last week ...

GBP/JPY for QQE Traders!

Hey Kujo, Some questions regarding your trading strategy: 1. Do you care whether the QQE5 is above or below 50 ? 2. What do you mean by "Also use Trend Lines on the two most recent Fractals both top and bottom" ? If you have a screenshot that could ...

GBP/JPY for QQE Traders!

Well done then ! I wish I could be as accurate as you are... Yes the market is just ranging within the 212's bounds, we'll have to wait until tomorrow to get some more volatility!

GBP/JPY for QQE Traders!

Mine will be more somewhere around 2013-2014 at my pace

Auslanco - GBP/JPY and GBP/USD (newstrade)

Do one of you guys know what broker provides the lowest spread on GBP/JPY? Because CMSFX has a 8 pips spread, IBFX a 9 pips spread, etc ... isn't there somewhere a way to just pay 4-5 pips? Cheers

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yes I agree, and that could also refer to the post I wrote before regarding stock markets and GY correlation. Nice to see you woke up Pips Cruiser ! Looking fwd to seeing your graph daily analysis, it's the official newsletter of the thread

GBP/JPY for QQE Traders!

That's right too. When stocks are up, investors' confidence is higher, therefore they are more willing to undertake risk, and are therefore less risk averse. They then invest in carry trades that are seen as quite risky investment, therefore GBP/JPY ...

GBP/JPY for QQE Traders!

Hey Kujo ! Didn't touch neither of our TP levels: 213.5 for you, 214.00 for me. I put a traling stop though, so I got out at 212.85, making some pips out of it. Hope it will move up by the end of the day for you. I'll have a look at your trading ...

GBP/JPY for QQE Traders!

Yes you're right, it is supposed to be like that. You can also check the VIX economic indicator that gauges the risk aversion of investors on options in the US . This is kind of a benchmark for risk aversion as well. "Chicago Board Options Exchange ...

GBP/JPY for QQE Traders!

hey... no worries I have closed my position already, I'm on a demo account with these positions. It might retrace to 111.00 and/or 210.41 (Fibo retracement), to target north then. Anyway we'll see...

GBP/JPY for QQE Traders!

If the pair retraces, it won't go lower than the 211.00 level in my point of view. If you draw a trend line from the 23rd of January until the 28th at the lowest point, you can have the trend line I'm talking about. If it crosses, then I'd be ...

GBP/JPY for QQE Traders!

No one is here tonight... Anyway, I'm long 2 mini lots from 212.43 and 212.68, targeting 214.00. No SL, just TP set up at 214.00 ! Based upon my trend lines and my Fibonacci. Bad entry points because I was in quite a hurry, but I feel it. My guts ...

GBP/JPY for QQE Traders!

mmm mmm down 70 pips... don't know what to do! Mayday Mayday

GBP/JPY for QQE Traders!

I also have a bullish view on the pair, targeting 214.00 from Fibo retracement... Long from 212.68. QQE60 is up, QQE5 is over 50 and crossed not so long ago, 5sma and 100sma are both pointing towards a bullish trend. ADX is around 30, showing a ...

GBP/JPY for QQE Traders!

Great, thanks Kujo ! I'll have a look at it in the afternoon (GMT). Cheers

GBP/JPY for QQE Traders!

I set up the same strategy: short from 212, TP 209.4 .... and because of the spread I didn't touch it (IBFX=9 pips)! Since I live in London, I was sleeping and couldn't look at it... so, now back in the 212's ! But nice catch here Kujo... What's the ...

GBP/JPY for QQE Traders!