Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: GBPJPY

GBPJPY 19 Nov 2012 12:25 #1

  • Jackozy
  • Jackozy's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 869
  • Thank you received: 2261
  • Karma: 47
My order to go short on this got triggered and seems to be doing OK so far:

GBPJPYdaily19_11_12.gif


dl.dropbox.com/u/20815047/GBPJPYdaily19_11_12.gif

I'm not quite sure yet what my target is here so I'll let it run for now with a trailing stop.
The administrator has disabled public write access.
The following user(s) said Thank You: Mike-in-Paris

GBPJPY 15 Nov 2012 09:58 #2

  • Jackozy
  • Jackozy's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 869
  • Thank you received: 2261
  • Karma: 47
Another pair approaching a key resistance:

GBPJPYdaily15_11_12.gif


dl.dropbox.com/u/20815047/GBPJPYdaily15_11_12.gif

Main downtrend resistance at 129.45 today. I'll look to go short here with a stop outside the 25th Oct high of 129.65. This is a straight trendline play (no Fibs or EWT this time) so I have to allow for drawing inaccuracy with the trendline. Still, 25/30 pip stop should be enough. Again, I'll look for sell signals on the hourly before taking the plunge.
The administrator has disabled public write access.
Moderators: remo

Time to create page: 0.281 seconds