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jest1081 replied Apr 4, 2007
Well...it took me two busted accounts to figure that out. Anyway when we talk trend, its a superficial matter because it also boils down to the timeframe each trader is scrutinizing. I also believe there are plenty of reversal traders out there ...Daily GBP/JPY analysis
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jest1081 replied Apr 4, 2007yeap. tighten Stops. My guess is, we'd still probably have a bullish day after all, since the Yen has not fulfilled its daily range. They will try to push the price for Yen as high as possible before the interest rates speculation begins tomorrow, ...
Daily GBP/JPY analysis
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jest1081 replied Apr 4, 2007Hi, you cant critise, others trade like that...each of them proly have their own system and they act on it. Sure ur system does not have any trade calls but you cant blame others for taking their trade. Its theirs to take and its up to them on how ...
Daily GBP/JPY analysis
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jest1081 replied Apr 4, 2007Its always advisable not to take TL or SR breakouts on a whim...patience is e key, usually the strategising begins after the breakout happens.

Daily GBP/JPY analysis
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jest1081 replied Apr 4, 2007Hi Forexnovice, That was a good analysis but maybe my chart below could probably help you pin point better entry points... You might say it is risque but i call it getting bargain value. In trading usually these 3 things will happen whe u trade ...
Daily GBP/JPY analysis
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jest1081 replied Apr 4, 2007price is consolidation...small breakouts can consider scalping...
Daily GBP/JPY analysis
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jest1081 replied Apr 4, 2007well at the rate price is going right now, you are sure not living up to your name...heh.
Daily GBP/JPY analysis
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jest1081 replied Apr 4, 2007Too many attempts is not a good sign...it must just break it.
Daily GBP/JPY analysis
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jest1081 replied Apr 4, 2007Try to look at the 4hr charts, how many time can you see a trend that goes > 500pips. I can guarantee u...PLENTY. To add, its price we're talking abt. Logic does not transcend in trading. When we talk support and resistance, if price refuses to fall ...
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007Hi Vitaliy, How are things? usually for things like this to move or really change direction, it will require a few things.... 1. Fundamental news...(rates?) 2. Tragic news...(war?) 3. Some bigass selling...(oh blame the russians, hehehe) ...
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007hehe, yeah thats right, like i said depends on what timeframe you are trading...if you are doing trades below the 1hr, you'd prolly get a short signal a few hours back and could have bagged over 60 pips in profit.
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007what dunningduke said is right...they're not signal sellers this part of the forum is a discussion forum ... it aint a journal. i think its allright for em to boast pips coz most of e time its usually true...the only time when i think people dont ...
What do you think of members who only share their trades way after they happened?
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jest1081 replied Apr 3, 2007Hi Frank, the trend has been establihed since last week... anyway. it really all depends on the timeframe you are trading. The GBPJPY moves alot but they move predictably...unlike its big bro cable. Yo ceasar! Nice avatar! I would love to see a ...
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007We're in for a wild week...if interest rates goes up and US screws up the non farm on friday...2 is really possible. But what im tanking on is a strong reversal, triggered by the rates followed through by the non farm to cut off the Pound strength, ...
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007Yes right now the sell off in cable will also influence a driven a retracement in the yen. What i can see is a s limit at 720 - 710ish and stop at 660. That is if cable breaks the 750 mark.
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007ceasar, from your analysis where do you think will be a good area for relaoding then? We have fired quite some barrels here, but the Yen's range for the day is still only a little over 100. 233.5 possible? Barak, In reply to your statement, when ...
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007Can i even reccommend anything? Im not an econmist hehe...you have the charts pasted on your screen, look for SR points. E Important thing is once you analyse and have predetermined your positions...trade your plan.
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007nothing really rocket science...some smas and trendlines thats all. I will not discuss systems here since this is a discussion thread. Please forgive me.
Daily GBP/JPY analysis
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jest1081 replied Apr 3, 2007im still with the carries...slowly harvesting the run...on the technical side..i use the 9sma on the 4hr as breaching point, so were still not in any kind of danger ... yet.
Daily GBP/JPY analysis