Risk off is definitely the theme today. Asian stocks and U.S. futures tumbled on Trump’s Mexico tariff surprise, while reports of Beijing’s plan to restrict exports of rare earths to the U.S. if needed added to ongoing trade war angst globally. Data also showed China’s manufacturing sector slowed more than expected in May. JPY crosses have been sold...
Hello, We are bouncing on the 0.618 on the daily chart. It is a bullish sign for me, as even the bad news of this week didn't managed to push deeper that pair. Entry : 144.30 Take profit : 149.02 Stop : 143.73 Risk/Reward ratio : 7.7 Historically, the pair is still at a very low level. It could be a nice long, especially if we get good news in the coming weeks...
These Brexit moves are hectic, placing a sell stop just in case. Levels: FX:GBPJPY Sell Stop @ 144.689 SL @ 144.989 TP @ 144.089 Risk: 2%
After banking our long trade from this morning, and thanks to Barnier and Brexit, I am going to place a Limit Sell order just in case we go and test the previous highs. LEVEL: FX:GBPJPY Sell Limit @ 144.911 TP: 144.311 SL: 145.211 2% Risk
I have been keeping my eyes on this pair for a couple of weeks now. And this will be my first trade idea. New pending buy stop: Levels: FX:GBPJPY Buy Stop 100 000 @ 143.274 TP @ 143.874 SL @ 142.974 Only risk 2%
Now I see a Gartley giving birth to a Cypher baby!! Very strange!! As always, If I trust it to enough get to point D of the Mother, am gonna buy it on the baby D and short it at mother C, and then buy it at mother D :) FX:GBPJPY -0.47% If it works once, it probably will work again!! Oh how I love harmonic patterns :) With 2% Risk, I shall miss no profitable...
12th Post. FX:GBPJPY Any comments and suggestions are welcome. This on my 4 hour watchlist; Potential Gartley Pattern about to hit the D leg; worth a short with tight stops at this level.
My Dear Friends , My technical analysis on this pair is below: BIAS: Bullish ENTRY: 161.906 TARGET: 165.335 ——————————— WISH YOU ALL LUCK
My Dear Friends , GBP/JPY looks like it will make a good move, and here are the details: BIAS: Bullish ENTRY: 163.225 TARGET: 165.523 ——————————— WISH YOU ALL LUCK
Price has broken this ascending structure and we can see is retesting the bottom trendline. Is this the first indication that price is reversing on this pair? Lets see if we get fundamental confirmation!
Short and looking for lower prices Price found sellers at a previous low print on 6/16 around 145.40. I sold with as stop above today's high. My first target is the green arrow at 142.20. If and when it gets there I will decide what to do next. Markets rarely go one way for an extended period of time. This cross has been straight up since 11/9 with one minor...