Gbp/jpy

[PipChick]

Exited all positions at 206.06 and will look for another entry.

[PipChick]

I think as soon as the u/j breaks 103.50 the g/j will fly and I may enter long.It will be a fast move prolly.

[PipChick]

went long g/j when u/j broke. Looking for the 100 e on the daily. If I see it stalling or backing up around this 207.30 area I will exit and protect the previous trades profits and call it a day.

[PipChick]

I will book a little profit now and move stop to break even at 207.02 since this is a pretty risky trade. I am shooting for the 100 ema on the daily tho.Time will tell.

[PipChick]

closed trade at 208.03. Can we be done for the day?

[PipChick]

I would consider buying at 206.48 but I will not buy it there because there is neg div forming on the 1 hr.

[piptrain]

lovely cci 0 line cross coupled with adx for potentially large up moves to come, after the last two days of large candles. everyone keeps saying this is retracement up, still in downtrend. but a little voice in my head says, 199.60 was 50% retracement of the up move on the monthly chart. what if price is ready to start continuing the overall up move? i know, i know, FUNDAMENTALS say DOWN.

so here i have fibbed the low to the 205 peak to see 161% extension to 213 area.. lets see if that is next.

[PipChick]

Originally Posted by piptrain

lovely cci 0 line cross coupled with adx for potentially large up moves to come, after the last two days of large candles. everyone keeps saying this is retracement up, still in downtrend. but a little voice in my head says, 199.60 was 50% retracement of the up move on the monthly chart. what if price is ready to start continuing the overall up move? i know, i know, FUNDAMENTALS say DOWN.

so here i have fibbed the low to the 205 peak to see 161% extension to 213 area.. lets see if that is next.

Since all of the financial institutions reported earnings and analysis were expecting losses, this has given support to the theory that a short term bottom is in place for the stocks. SO we should see the dow pass the 13000 area which should coinside with the g/j testing the 212.80 to the 213.50 area with in the next two weeks.If the dow holds above the 12500 area and the g/j holds above the 199.50 area, that will just offer better dips. SO..I am with you on your thoughts of large upmoves to come. Lets pip it up!!!!

[PipChick]

207.95 failed several times in the beginning of march before going into a downtrend for the rest of the month. A daily close above that should set longs again.

[piptrain]

4h channel, gonna hold??