I believe this pair to be bearish as well. How low, I have no idea, but bearish. I have shared more in my thread. Cheers. url

Dragon Riders GBP/JPY

GBPJPY: Bearish. This morning's observation about it not being able to clear 149 still stands and even with very positive data, it couldnt tap a certain key resistance level. The run up to 149.45 should be an over-extension of 149.24, that's all.

MoneyFocus' thread of forex and fun

Which part of msia do you live in?

MoneyFocus' thread of forex and fun

Interesting idea I saw on the Dragon Rider thread...hmmmm

MoneyFocus' thread of forex and fun

Interesting concept..

Dragon Riders GBP/JPY

And at what point do you think the Devil will reward you? 149? 146?

Dragon Riders GBP/JPY

It has dipped alot, I am open to adding some small longs. I don't typically trade the Aussie much though, hopefully someone else can weigh in?

MoneyFocus' thread of forex and fun

If you ask me, i think there are bullish momentum issues with all yen pairs at this point.

MoneyFocus' thread of forex and fun

Lets see if GJ clears 149

MoneyFocus' thread of forex and fun

I shorted GBP/JPY last night at 148.83 and left a TP @ 148.57, which was done. Nice green pips as I slept. For now, I'm noticing that GBP/JPY has an overhead resistance at around 149 and have issues clearing it. I am not saying it can't be cleared, ...

MoneyFocus' thread of forex and fun

Ground rules: -Be polite to everyone -If we can't agree, we agree to disagree -I don't mind if we talk about other stuff other than forex, but forex always take precedence -Any pairs can be discussed

MoneyFocus' thread of forex and fun

Finally I have my own thread! url Dear friends (you know who you are), you are invited! Actually, everyone is.

USD/JPY Discussion

Finally I have my own thread! url Dear friends (you know who you are), you are invited! Actually, everyone is.

Dragon Riders GBP/JPY

Nice, you are in profit already. Be wary of that overhead resistance however.

Dragon Riders GBP/JPY

That's why I cleared my longs. Risky to hold longs.

USD/JPY Discussion

I cleared my GJ and UJ longs. Would prefer not to have any position now. GJ having issues crossing .69, UJ problems with .95. If you are in profit, just take and re-assess again.

Dragon Riders GBP/JPY

Strength waning. Catious. I cleared my longs.

USD/JPY Discussion

Bull is likely to be exhausted. Cheers.

Dragon Riders GBP/JPY

Ah!!!!

Dragon Riders GBP/JPY