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Sami7 replied Apr 23, 2007I'll only get in when I catch the next trend, b/c this stuff is for things that fly (like the birds). The way it's looking I'm out until I get some kind of clear indication where we are heading. And what beat's everything is b/c there is little news ...
Daily GBP/JPY analysis
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Sami7 replied Apr 23, 2007I think it's going to be bottom fishing later.
Tra-x going to catch the move up?Daily GBP/JPY analysis
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Sami7 replied Apr 23, 2007On my 5m chart - the most recent move up - we have retraced to the 61.8% fibo and are seeing a retracement of the move down- not sure if it will continue that way. Adding RSI at bottom - looks like we may have a few pips up at least soon. This ...
Daily GBP/JPY analysis
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Sami7 replied Apr 23, 2007Does anyone think this has the strength to test 238.00 again or go higher?
Daily GBP/JPY analysis
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Sami7 replied Apr 23, 2007Actually that sounds about what I was thinking. Another retracement or reversal or whatever it is at this point (I've lost track), then down.
Daily GBP/JPY analysis
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Sami7 replied Apr 23, 2007Do you see a bounce off of say, 236.20 or further movement down?
Daily GBP/JPY analysis
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Sami7 replied Apr 23, 2007See you decided to give trading this pair a shot - even if it may only be for the gap scalp.

Daily GBP/JPY analysis
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Sami7 replied Apr 23, 2007We may be heading down to 117.90 if we blow through 118.20
Daily GBP/JPY analysis
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Sami7 replied Apr 22, 2007I'm not sure we won't be seeing a deeper correction here.
Daily GBP/JPY analysis
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Sami7 replied Apr 22, 2007Daily Market Overview — USD/JPY is right now at 118.86 recovering its bullish trend that will be confirmed above our first resistance for today at 119.05. A break trough this point, could lead the pair to 119.30, 119.55 and finally the zone ...
Daily GBP/JPY analysis
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Sami7 replied Apr 22, 2007good call - do you see movement up at this point then?
Daily GBP/JPY analysis
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Sami7 replied Apr 22, 2007We are at the 161.8.% fibo retracement on the most recent movement up on PJ and 100% on the UJ.

Daily GBP/JPY analysis
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Sami7 replied Apr 22, 2007According to my Accucharts - Gap on USD/JPY 5 minute chart 118.66 - 118.68. And we filled it.....
Daily GBP/JPY analysis
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Sami7 replied Apr 22, 2007What is everyones thoughts for the upcoming week? Will we see 241, or 236 or below?
Daily GBP/JPY analysis