GBP/JPY

CorazonDeTigre
30 Jul '09

Anyone trading the £/Yen?

The £ has broken out of 157. Is this a sustained break out or an opportunity to short this back down?

CT8.1981
30 Jul '09

pound/yen was in a declining flag with break out confirmed...expect a price target of 170 to be reached calculated as top of flag 162, low of flag 147 = 15 + break out at 155 = 170 target...weekly macd and shocastics turned up and rsi over 50 indicating strength to the signal

CorazonDeTigre
30 Jul '09

where are you seeing this flag?

CorazonDeTigre
30 Jul '09

wait, I just looked at the weeklies. very good CT8.

bahman.
23 Oct '09

I AM ONE LUCKY SOD, GONNA HAVE TATTOO ON MY FOREHEAD SAYING "ONE LUCKY SOD"
WHY?
I shorted GBP/JPY this morning at 9:05, because my technical analysis tools said short. i was expecting usual 30/40 pips in the day. It just tanked so took profit 145 pips in 25mins. £10/pt.
as i said i'm a lucky sod!
it's still going, but profit is profit.

bahman.
23 Oct '09

PS - thank you GDP!!

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