Agreed, that's the picture I see at the moment

Daily GBP/JPY analysis

I know the trick, I won't fall for it again : And I hope I'm not wrong about this, ELSE there will be KAPUT

Daily GBP/JPY analysis

It seems the buzz is over

Daily GBP/JPY analysis

Was staying up worth a bunch of pips? Seriously, this pair is a PIP FARM

Daily GBP/JPY analysis

Pipastic morning

Daily GBP/JPY analysis

All my talks about the market movements are solely the decisions I make, and the outcomes might be totally opposite of what I've stated here. This is once again not a recommendation to buy or sell, and I am not taking any responsibility for anyone's ...

Daily GBP/JPY analysis

223.65, that's my magic number. If it goes below this and test's it once with a failure, things may countinue to move south. This is not a recommendation to buy or sell

Daily GBP/JPY analysis

Let me be sincere about this one. It's always good to take more pips, but in such volatile background I was not sure if the price will manage to keep the downwards pressure, so I've set 225 as my personal resistance line, that's all. Big players ...

Daily GBP/JPY analysis

I think market will open below the daily pivot point, which means the pair should head south with all the bells and whistles, but various stuff might happen, so I'll better go to sleep without worrying about my pips put in the ...

Daily GBP/JPY analysis

Yeah because my subliminal voice was telling me I need more PIPS NOW, not upcoming week

Daily GBP/JPY analysis

Ooops, my bad, I mean this week lol I seriously need some sleep UPDATE: This week we might as well play some chinese checkkers if it gets too boring to watch the freefall (if any happens)

Daily GBP/JPY analysis

From my point of view, looking on the daily chart we see a perfect retracement from swing high and low to .50 fib. The price has broken 225, which is, in my opinion, bearish for pair, now it is testing 224.50, but no success... We might see 221.20 ...

Daily GBP/JPY analysis

That makes two of us taking the "NOT TO TRADE" position

Daily GBP/JPY analysis

Yes, I would go long If price breaks 226.45 and keeps moving upwards, ELSE, if there is another test of 226.45 and it fails to break 226.45, expecting price to go south, especially if it breaks 225.00

Daily GBP/JPY analysis

image For the past 3 days I see there is a strong support around 225.90. As mentioned earlier, if price breaks 226.45, then I will consider going long big time. At the moment I'm not pulling the trigger, too risky

Daily GBP/JPY analysis

Hello trader 8686, at the moment it's hard to tell, BUT, if You see price go back to 226.45, and if it fails to break that level, there is a high probability it will go 225.40 and more. The bearish candle I see on my 30 minute chart does not give ...

Daily GBP/JPY analysis

Down it goes... Let's wait a bit more ADDON: Please keep in mind that there might be another test of 226.45, if on the second time it fails to break this level, there sould be some bearish attitude for this pair This is not a recommendation to ...

Daily GBP/JPY analysis

So far PA failed to break 226.45, I will just wait a few more minutes before opening short position. It was a succesful test of new resistance line, so we might see some serious movement south onwards... let's see how it turns out

Daily GBP/JPY analysis

The Price is banging 226.44 level, that is a S1 pivot line, if it will not break trough, we'll have a nice resistance at this price, if it does break through, I'm long till 227.51. crazy pair

Daily GBP/JPY analysis

mirc chat is the solution, I totally agree with BurgerKing

Are we ready to have a conference?