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ascending triangle broken, freakish bears appear.
2 posters
----GBPJPY----
Rd- Admin
- Posts : 600
Join date : 2009-05-25
Age : 37
niea- Forex Donators
- Posts : 506
Join date : 2009-05-26
I'm back... 
but not trading on my own account yet.Still doing demo
start back frm basic...
Where is GJ heading??? no clear idea yet..
Tonight's chart:
Today's price not much movement, bet 0.5 - 1.0 fibo line. If going upwards probably going to 131.387 and if going downward then until 128.758
Frm another point of view, does it look like forming double top?
Will update later
but not trading on my own account yet.Still doing demostart back frm basic...
Where is GJ heading??? no clear idea yet..
Tonight's chart:
Today's price not much movement, bet 0.5 - 1.0 fibo line. If going upwards probably going to 131.387 and if going downward then until 128.758
Frm another point of view, does it look like forming double top?
Will update later
niea- Forex Donators
- Posts : 506
Join date : 2009-05-26
Update frm yesterday chart, will it hit 132.41 level...hmmm 
niea- Forex Donators
- Posts : 506
Join date : 2009-05-26
Seems that it reached the level I've mentioned last night...132.41 
niea- Forex Donators
- Posts : 506
Join date : 2009-05-26
Tonight decision to short GJ:
M15 - Already break the channel... I think so
M30 - Just touching lower floor
M60 - Looking nice after crossing the ema2 & ema5
Now where should I take my profit??
H4 - Am I too greedy or too ambitious to hope it hit S2 tonight or tmr??
Don't want to be so greedy but it's very tempting....
I guess I'll do what I always do... trail stop
By the time I post this, GJ ady 132.69....
M15 - Already break the channel... I think so
M30 - Just touching lower floor
M60 - Looking nice after crossing the ema2 & ema5
Now where should I take my profit??
H4 - Am I too greedy or too ambitious to hope it hit S2 tonight or tmr??
Don't want to be so greedy but it's very tempting....
I guess I'll do what I always do... trail stop
By the time I post this, GJ ady 132.69....
niea- Forex Donators
- Posts : 506
Join date : 2009-05-26
Update: position closed ady...
TP = 131.240
but lowest for today is 131.260....
tooo bad... in the end stop by SL at 132.03
TP = 131.240
but lowest for today is 131.260....
tooo bad... in the end stop by SL at 132.03