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- Monk replied Mar 18, 2007
so we've covered the price up till the close of friday.....now what?
Daily GBP/JPY analysis
- Monk replied Mar 18, 2007
i'm hoping for a retrace.....thats for sure. went short just a little to soon i think short from 226 and also low of 225.60 ick
Daily GBP/JPY analysis
- Monk replied Mar 18, 2007
so what would a target for gbp/jpy be based on news like this?
Daily GBP/JPY analysis
- Monk replied Mar 18, 2007
Thanks for the chart. Can you give a better defintion of the above for "significant "? Also what would the time frame be? 1hr? 4hr?
Daily GBP/JPY analysis
- Monk replied Mar 18, 2007
interesting....my charts show a gap from from about 25.80 to 26.50 anyone have the next few levels of support / resistence?
Daily GBP/JPY analysis
- Monk replied Mar 18, 2007
i think if 225.80 a good support from 3-12 goes, we could see another nice move down. the concept of closing the gap scares the crap out of me though.
Daily GBP/JPY analysis
- Monk replied Mar 18, 2007
how is this possible with the market closed?? you know of an online website that will show these prices. keep in mind the market will tend to close that gap sometime within the first few hours after the open. so the first sign of a reverse after the ...
Daily GBP/JPY analysis
- Monk replied Mar 15, 2007
241 is a hell of a move north......what makes you think we are headed there in the short term? 231 maybe.
Daily GBP/JPY analysis
- Monk replied Mar 15, 2007
241??? why take a short now then? you should just put every bit of margin you have going long.... or was that a typo? :-)
Daily GBP/JPY analysis
- Monk replied Mar 13, 2007
great way to intoduce yourself to the board. as was mentioned before....a scalp in this market is risky and is usually only done while also holding a long term position....taking advantage of retracements. i would call it more of a hedge then a ...
Daily GBP/JPY analysis
- Monk replied Mar 13, 2007
scalping in this market is very difficult and not worth the risk of doing full positions...... very difficult to do it right most of the time.
Daily GBP/JPY analysis
- Monk replied Mar 13, 2007
scalps are fun.... Reason for editing: stoned comments.....?? nice
Daily GBP/JPY analysis
- Monk replied Mar 13, 2007
nothing like a 100 pip retrace over an hours time. i'm still no good at picking a bottom and knowing when its going to do this. all shorts closed......looking for a re-entry.
Daily GBP/JPY analysis