As far as I know the pair usually doesn't stay very long in a 100 pip chanell, I would give it 3 days at most... but then again, I am still learning...

GBP/JPY

Test of a previous trendline...I didn't think it is going to fell that much... I guess the only thing left for London open is long. If trendline won't hold, but probably will, this will go down...Bullish mode until then.

GBP/JPY

Retrace complete (I hope )...

GBP/JPY

I agree, some test of 123 round number can be expected, but othervise I think bull is a way to go.

GBP/JPY

Price was compresing in a triangle, making lower higs and higher lows (clearly seen on 1H), now price broke up, it might fly, who knows

GBP/JPY

Looking at 4H chart that would be 8H Bullish pin bar...if price breaks that and the trendline which is very close the pair migh fly...

GBP/JPY

And somewone said it is going to be a quiet range day, lol It looks like some support is forming...

GBP/JPY

Huh, we just had 61% retracement Karmostaji, is it true that with such large retracement we usualy get large move in the oposite direction?

GBP/JPY

ROFL, Smalfi, you didn't understand correctly, CapitalGain got EXTRA pips in his FAVOR. The requote was in his FAVOR! This happened to me this week also, I experienced one requote of about 2 pips and it was in my FAVOR. I was stuned and shocked. The ...

Experiences with FxPro

Where the price is going (my view): On the Daily chart we had a very Bullish Bar, many times next day we see some pull back to approximately one third or even half of the Bar. In this case I would like the price to come down a bit and test the ...

GBP/JPY

For new traders...a few basics why North was a preferred way to trade: 1. The day before we had Bearish Pin Bar, but inside of a price and that has a reverse sign where the price is going 2. The day before price hit the trendline 3. Today we got ...

GBP/JPY

If I may say a few things...I don't wan't to hijack the thread There are 2 Trendlines in Descending channel, first one that was broken a few days back, and I believe the second one, that is more parallel to the Lower descending trendline and ...

GBP/JPY

Oh look, price landed. What a surprise. NFP tomorow can push price in any direction.

GBP/JPY

The way I see it... simplified...price is coming to an interested intersection. Should it cross the lower Bullish Trendline then it might cross the lower Bearish as well. Should it bounce from it, then we might see price going toward 127.00 ...

GBP/JPY