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TOPIC: GbpJpy trade

GbpJpy trade 02 Apr 2014 09:57 #1

  • remo
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This hit the resistance area so profits should have been taken.
Now keep an eye out for a breakout again.


dl.dropboxusercontent.com/u/4899609/gbpjpy2ndapril2014.png
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GbpJpy trade 30 Mar 2014 21:46 #2

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This has broke out nicely and is currently nearly 200 points in profit. This currency is volatile so this move is normal really.


dl.dropboxusercontent.com/u/4899609/gbpjpy30thmarch.png


Hope some of you made some money on the back of this tip :cheer: :cheer:
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GbpJpy trade 28 Mar 2014 10:51 #3

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looks like it is on it's way :)
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GbpJpy trade 26 Mar 2014 12:46 #4

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Im gonna go long on a breakout past 169.71...Stops will be below the trend line.
If it breaks out then this could go towards the top of the triangle. :cheer:


dl.dropboxusercontent.com/u/4899609/gbpjpy26thmarch2014.png
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GbpJpy trade 21 Nov 2013 20:44 #5

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Stop loss activated... :angry: :angry:
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GbpJpy trade 21 Nov 2013 15:23 #6

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im planning on going short on first attempt of major resistance at 163.05 with a 40 point stop only for today.
I will close my previous long greedy trade here as well and reverse the trade.
use tight stops


dl.dropboxusercontent.com/u/4899609/gbpjpy21stnov.png
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GbpJpy trade 14 Nov 2013 07:47 #7

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Closed half @ 159.856 with a 66 points profit (more than 1:2 R:R)
SL for the rest moved to profit to let it run for the triangle breakout

image_2013-11-14.jpg
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GBP/JPY 13 Nov 2013 22:05 #8

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good spot red chilly :cheer: :cheer:
This is one volatile currency so hope your stops are enough.
im long as well and my stops are below 158.80...im using 40 points stop and that may not be enough with this pair :unsure: :unsure:
fingers crossed :cheer:
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GBP/JPY 13 Nov 2013 21:04 #9

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Long @ 159.194
SL 30 points

image_2013-11-13.jpg
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GbpJpy trade 03 May 2013 15:20 #10

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kudos - that's what i call a pop n go !remo wrote:
That broke out nicely ;) ;) ;) ;)Thats what you would call a break out :evil: :evil:



up 50+ pips...told you not for the faint hearted :) :)
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GbpJpy trade 03 May 2013 14:40 #11

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That broke out nicely ;) ;) ;) ;)Thats what you would call a break out :evil: :evil:



up 50+ pips...told you not for the faint hearted :) :)
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Last Edit: 03 May 2013 14:43 by remo.
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GbpJpy trade 03 May 2013 14:02 #12

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This looks like its getting ready to breakout to the upside again...
This currency pair is not for the faint hearted ;) ;) ;) due to the massive swings
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GbpJpy trade 31 Jan 2013 11:33 #13

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This ones near the highs again. That hammer trade for the short term was good but now it looks like a flag continuation pattern has formmed so if this breaks out past 1.4424 then it could motor a lot higher.
one to watch or trade ;)
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GbpJpy trade 24 Jan 2013 09:39 #14

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remo wrote:
Hammer formed right at support. One to watch or trade
possible Entry half way down the hammer with stops below.
target will be the highs again ;)



Keep your eye on a right shoulder formation here in the next few days. Neck line bounce here?
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GbpJpy trade 23 Jan 2013 22:24 #15

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Hammer formed right at support. One to watch or trade
possible Entry half way down the hammer with stops below.
target will be the highs again ;)


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GbpJpy trade 15 Jan 2013 14:23 #16

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Ok found some time so will use the iPhone to try and explain.

I've been doing most of my research on fx at the moment (as you can probably tell with my post) and looking at price action in particular.
The set up for the trade has been brought to my attention on another forum.

It's basically a head and shoulders play on the hourly and a retest of the neck line. Right shoulder very important and indicating a lower low from the top.


image_2013-01-15-2.jpg



The support resistance line shows this.
The next line SR line is where I expected the next retest to occu.

RMc
Last Edit: 15 Jan 2013 14:31 by Rossymc.
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GbpJpy trade 15 Jan 2013 13:16 #17

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Hi Remo

Will post a better chart later with instructions later as no proper chart access.
It's all part of the forex price action I've been researching.

RMc
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GbpJpy trade 15 Jan 2013 13:16 #18

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Hi Remo

Will post a better chart later with instructions.
It's all part of the forex price action I've been researching.

RMc
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GbpJpy trade 15 Jan 2013 13:09 #19

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hi ross
what got you into this trade???
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GbpJpy trade 15 Jan 2013 12:27 #20

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Just want to show you I'm short on this at the moment


image_2013-01-15.jpg


Sorry poor quality on the iPhone

RMc

Green stop
Red entry

Ps. Remo yes it is a free trade now
Last Edit: 15 Jan 2013 12:28 by Rossymc.
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