Thread: Gbp/jpy
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Old 05-15-2008, 05:27 AM
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Thumbs up The Reason why G/J Turn's into Bullish Mood!!!

Quote:
Originally Posted by mytwopips View Post
guppy down... nuf said

Man I hope I don't eat them words
No buddy it bullish...Actually i was also thinking to go short on G/J As i also said in my previous post but i also said that only if other conditions were in my favour to go short... but now see the screenshot i was ready to go short but at the end the candle in 4-Hour formed a reversal candle shape... So 1st G/J Remain's strucked their but after sometime it retraces back to bullish mood coz of this reversal candle in 4-Hour chart & You know im also trading through this pattren coz my morning U/J Trade was also based on reversal candle...That's why i didnt go for short...
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