comet = japanese yen traders. they can still be sneaky.....luring us down into the pit.......then WHAM.....shutting the 227 door on us. i'm still short and hopeful.....but really don't trust that side of the ocean moving into thier market open.

Daily GBP/JPY analysis

Uhh.....ok....so whats this mean moving forward into the asia open and over the next 8 hours?

Daily GBP/JPY analysis

price action looks very similar to this morning before we went from 225.10 to 226.50 shorts beware. wait all damn day for a break of 225 and all we get is 30 pips down.....

Daily GBP/JPY analysis

funny how the universe works...... to bad i think it will be short lived. i am short from 225.20 going to let this one ride. keep in mind this pair loves trapping us....so seeing 227 again is not out of the question over the next several hours. i ...

Daily GBP/JPY analysis

could signify a drop. problem is this is on a 5 minute chart......so this may only be 40-50 pips. which it did just drop i'll do you guys a favor......going to the store to buy smokes.....most times i do this i come back to see the move i've been ...

Daily GBP/JPY analysis

nice little head and shoulders formed on a 5 minute chart. i'm staying on the side till either 225 gives or we see 226 again....then another short

Daily GBP/JPY analysis

this is the one to learn to trade thats for sure. i started in eur/usd, then onto usd/jpy and have now ended up with gbp/jpy being scared is a good thing. the pair can be predictable after you watch it for awhile....

Daily GBP/JPY analysis

thinking of closing my short from 226.80 and looking for a reentry. i've had so many small losing trades.....i winner might help my spirits some. was so nice to wake up this morning and see a positive number in the open positions box. a bounce back ...

Daily GBP/JPY analysis

thanks!! I'll check it out.

Daily GBP/JPY analysis

looks like we are backing off that support...... oh well.....heading back into no mans land.

Daily GBP/JPY analysis

what sites does everyone use for good updates and technical commentary. i'm burned out on fxstreet.com .......2 much "noise" on the site and hard to find "recent" content that is not 12 hours old. specifically interested in this pair. thanks

Daily GBP/JPY analysis

i agree....however, the longer it takes to break through this resistence.....and also if its not a fast solid break but a 5 pip trickle every five minutes, the harder 225.70/80 is going to be to break. we need to build up some momentum going down.

Daily GBP/JPY analysis

true....but there were also 2 important reports early this morning for GBP that had no real effect at all.

Daily GBP/JPY analysis

226.80 just does not want to give. why this area so important?

Daily GBP/JPY analysis

out of my short at a 20 pip loss

Daily GBP/JPY analysis

nice chart.....you short / long or flat? looks like 228.50 is the new nut to crack for now.

Daily GBP/JPY analysis

any anticipation of the JPY Consumer Confidence, or the PPI Input and PPI Output? Oh....and i am short from 228.50 since 10:30 pm sunday EST

Daily GBP/JPY analysis

trader8686, anytime we are in between some sort of resistence or support. this pair easily has a 100 pip range during any given 4 hour period. the only way i've ever had successful trades is by buying/selling off of these ranges. you can catch a ...

Daily GBP/JPY analysis

we're in the middle of that area i call the pip screw......the middle of that 100 pip range where if you try and "pick" a direction.....you are sure to get screwed out of some pips. best to wait and see what either 229.20 or 228.20 does or open a ...

Daily GBP/JPY analysis

228.20 gives we could see a nice move down, otherwise another bounce towards 229.

Daily GBP/JPY analysis