FX:GBPJPY   British Pound/Japanese Yen
552 7 21
9 months ago
My target reverse is triggered on pound yen from 16170. I am selling to the back of the downtrendline. Looking for 158 and then coming back onto the longs. Thanks and happy Sunday!
8 months ago
Trade active: I pulled about 129 pips off this last night and now I am breakeven because this could come back. Otherwise, right now I am drawing a Counter trendline on my on one hour and if this gives us the sell again tonight, will resell. Thanks!!
8 months ago
Trade closed manually: I am off of these the stop closed for break even. Thanks!
8 months ago
Comment: this is a strong support area. may buy next week.
8 months ago
Comment: Start drawing CTLs. My guess is that this will retrace to about 15750-15850 place the stop above 15920 and we are reselling. XO
Lalahong9999
9 months ago
Nice
Reply
Cooke
8 months ago
Hey, I'm in this one too. Picked up 16170 too. Happy trading.
Reply
Gwoog
8 months ago
How did you know to go short on the Sunday opening for the 130 pips? Was it the Stoc RSI above the 80 line and looking to fall or a combination of things?
Reply
hope.bleecker Gwoog
8 months ago
Hi Gwoog. The pair has hit fib resistances on the higher timeframes and formed bearish candlestick formations with the stochastics in the sell zone at the time...This pair is a bit oversold and is going higher. It needs to pullback to an acceptable retracement level. After a really long run like that, generally currency pairs will pullback because they run out of buyers at the 127 and the 1618 extensions.
Reply
sanmed02 hope.bleecker
8 months ago
at what a point do you think the retracement will be in?
Reply
Gwoog
8 months ago
Are you using a fixed stop loss and then manually adjusting to breakeven? Do use a trailing stop loss at all? Do you have fixed hours of when you trade or do you keep an eye on the charts 24/7?
Reply
Gwoog
8 months ago
So you are doing fibs on the weekly and daily to see where PA might go and then trade on the 2 hour? Could you show a chart of the weekly or daily with your fibs on them for an example?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out