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Thread: GBP.JPY

  1. #1
    action-reaction arco's Avatar
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    Default GBP.JPY


    This pair could be thinking about a foray north
    to test Major Gann who is dug in at 203.12

    arco




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  2. #2
    action-reaction arco's Avatar
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    Watch out Major........
    .........we are on our way.

    +55 and moving stop to b/e






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  3. #3
    Guru peat's Avatar
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    its a very volatile pair!

  4. #4
    action-reaction arco's Avatar
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    Good Morning Peat

    Volatilaty is really profitable if you know how to use it.

    I got out last night with 98 pips as the action approached
    the resistance from 3rd Sept.

    The current look could be forming a Cup and Handle
    so I will probably go back in again once I can see
    more confirmation.

    arco





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  5. #5
    Guru peat's Avatar
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    yeh i saw your post a bit late to take advantage of it and so got in too late only to watch it retrace on me.... so once again I manage to stuff up something. [:o)]
    Currently looking to me like some consolidation before more climb tho.... so will hang in there rather than bite the bullet...

  6. #6
    action-reaction arco's Avatar
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    Hi Peat

    Yes, I think you will be OK with that trade.

    I have an buy order waiting at 202.25
    and may gradually move that entry down
    as time goes on.

    arco

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  7. #7
    Guru peat's Avatar
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    hmm not looking that fantastic
    any point at which you think the target of 203 becomes unlikely

  8. #8
    Guru peat's Avatar
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    my news feed says this :

    .
    [GBP/JPY] rebounds sharply after the downside once again proved good support ahead of the 201.00 pivot. Those who sold on large fixing offer orders (allegedly linked to Gilt sales) are now running for cover, causing a choppy move higher. Refreshed selling is expected to emerge into 201.70/80, while stops are mooted above 202.00.

  9. #9
    action-reaction arco's Avatar
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    Peat

    I'm having connectivety problems at the moment so
    cant get any live charts. Will give my thoughts
    later when the issue resolves.



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  10. #10
    Guru peat's Avatar
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    any quotes u need just ask arco
    or use these
    http://www.global-view.com/fxtrek_charts.html

  11. #11
    Guru peat's Avatar
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    quote:Originally posted by peat

    its a very volatile pair!
    [:0][:0][:0][:0]

  12. #12
    Senior Member slam's Avatar
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    This pair seem to move in sync with Eur/JPY and USD/JPY, well today anyway. Been watching them all on 5min charts.

    Just thought it may shed some light on things

    cheers
    Slam

  13. #13
    Senior Member slam's Avatar
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    quote:Originally posted by arco


    Peat

    I'm having connectivety problems at the moment so
    cant get any live charts. Will give my thoughts
    later when the issue resolves.



    arco
    Are you a Telstra connection?
    GDC who host my companyís network have informed me that Telstra are having problems accessing certain international sites and some local ones as well.

    So if your Telstra, itís not just you arco.
    Just thought it might stop you worrying about it

    cheers
    slam

  14. #14
    action-reaction arco's Avatar
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    Thanks guys for your offers of help, etc.
    It seemed to be an ISP problem.
    I am with Actrix but also have Clear as a back up.
    Both seemed to be having problems.
    Anyway its very frustrating as that little incident
    has lost/cost me a nice 100 pip run up on GBP.JBY [V]

    Get a nice red wine arco you'll feel better then







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  15. #15
    Guru peat's Avatar
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    but you already made 100 pips on this arco - are you telling me you want to make it twice lol
    well i am please to see it back up here, a bit of relief on my part. Still going for 203?

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