Thread: Discuss USD/JPY, GBP/JPY, and other JPY Pairs

Originally Posted by Gregory McLeod

Hello Lee,

DailyFX has a thread dedicated to Gartley Patterns but it is not very active at the moment. There are some old posts that may have some useful information if you want to dig around:
http://forexforums.dailyfx.com/chart...-patterns.html

Thanks Greg.

Resistance 82.40. Support last Friday low.
Bias bearish if more selling toward 81.40

Hi , do any one have idea about the impact of tomorrows news ?

Originally Posted by not_now

Does anybody know what is the daily turnover for GBP and JPY? Can someone who is trading GBPJPY with $25M move the price?

not now lol , tomorrow I will hehe

Is there someone helping me to understand if there is any retracement ? I did not expect a so stong bullish considering my bear position!!
any suggestions?

hello dear friend
could you advise me on this pair UJ how is the turtle suggesting? are we in the tree phase descending??thanks

Hy all

Opinion?

Originally Posted by Chicca

Is there someone helping me to understand if there is any retracement ? I did not expect a so stong bullish considering my bear position!!
any suggestions?

Welcome to FOREX!
I still ask what caused trades to move against my position; but you know what? After entering a trade it doesn't matter; it won't change anything and it won't help trawling through the web to find the answer either. It's happened, and no one knows what's going to happen next. Of course, you can review the technicals to see if your entry was as solid as you thought, but that's all we can do for improvement.

All you need to know is WHY you placed the trade, and if YOUR why is a good why, then be patient and true to your why. DO NOT widen your stop after entering the trade. I used to do that, but I found the stop gets hit anyway.

What was your trade setup? What was your signal? Maybe post a chart for comments from those that know more.

Good luck with your trade.
Oh yes, NEVER EXPECT with certainty in FOREX, expectations are guesses. No one knows what will happen to the next candle.

I strongly suggest tuning into the free FXCM live trading webinars and trading course. You can ask the instructors questions in real time.

Brilliant. I was thinking the same. One big SELL. Especially if it stages another rally.

Originally Posted by not_now

Brilliant. I was thinking the same. One big SELL. Especially if it stages another rally.

I still prefer long scenario. This week or next week target is 135.70

It may go up on medium term. But before that it'll touch 128.80 at least. I am more right then wrong for GBPJPY - so you'd better go with me (just kidding)

Originally Posted by not_now

It may go up on medium term. But before that it'll touch 128.80 at least. I am more right then wrong for GBPJPY - so you'd better go with me (just kidding)

Yes you could be right. 4h MACD, 1h MACD down, double top on 132.90, bearish signs. How did you calculate 128.80 level ?

GBP/JPY Looks Bullish Above 132.45

Originally Posted by zdihu88

Yes you could be right. 4h MACD, 1h MACD down, double top on 132.90, bearish signs. How did you calculate 128.80 level ?

when you start to fall down, target is ~128.85

Will USD/JPY Retest 81.00? Or will it retest 83.00?