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GBP/JPY - British Pound Japanese Yen

Real-time Currencies
Currency in
JPY
Disclaimer
200.43
-0.14(-0.07%)
Real-time Data

GBP/JPY Discussions

Opening 1st small long position
You not selling bro?
A sell really looks difficult right now nd the jap official don't help with their meetings and speech which are dovish so it's really difficult to even c a minor correction
Trust me I am a seller nd have sells below I want this to go down as much as possible but I don't think it's time yet
For now ppl stuck in sells who don't want to close their positions hedge with buys nd make money till it goes high time for selling will come nd it will b a strong sell but I still fell the first signs of a confirmed and strong sell are still a few weeks to a month away
Now GBP is buy and robbing what a jerk ……
197 at least
Touched my BE so gonna wait for some confirmation again
The uptrend seems to be softening, but nothing conclusive can be said yet. Today's close should be at least 201 to maintain the trend of the past few weeks. On the other hand, a softer uptrend continuation is developing, and daily close around 200.7 would be a first signal of this. Although a couple more days are required for confirmation, as the more days close below the hard uptrend, the more difficult it is to jump back, so I suggest not to place shorts just yet. Wait patiently.
Forgot to mention that daily candle closed above previous level which we had the intervention, this opened the door for it to go higher to 204 and even higher
Double top on Daily Chart so technically it should be go down, but we are talking about JPY which is always against chart and technical
In my experience, candle patterns rarely work on this pair... especially now when its purely driven by manipulation...
It didnt touch my BE, i got 40pips earlier so ill stick to my BE
Hi henry where is your sl?
i put my sl 201 before but i put BE @200.6 now
As I said any intervention and the dip buyers will buy it and take it up in no time and won’t let it fall by much
Much appreciate if u tell us when u add another buy
I sold @200.6, i will hold BE for it cause my TP really down there
Wah look 👀 it is going up again… it is like you have killed the crock roach but the crockroach never die lolzzzz zZzzz
thats ok buddy, trading doesnt always goes as i expected
thats ok buddy, trading doesnt always goes as i expected
speech less, Japan government do something.....to keep it down🤣
angel... target?
Quickly hit my 1 TG 200.2 , actually i did want to move Sl at Be but the spike scares me so trade done.
The spike makes i feel that hunts weak bulls and it gonna go up
Sold at 200.55 SL 200.8
UJ is finally breaking above 157 and heading higher, there is yen weakness in the market so GJ also going higher, intervention might bring it down but since we already had an intervention a few weeks back, this time dip buyers will come in fast and not let it fall by much, and so that makes GJ head higher to new highs
Thank you for the update on that. Lets go 204! I will try to buy that dip as well
instant drop can come any time soon
Yes go go loser like sell lol
I do enjoy to see this falling down like the song 🎵 “London bridge is falling down falling down falling down “ song 🎵…… hahaha
201🛸
Still here, tomorow more up
how does a currency just fall like this for no reason ????
I sold big lots lets see if Japanese love this
190?
Big Interest rate differential from BOJ to other cdntral banks, US treasury yields, US and BOE to keep rates higher for longer and even if they cut, they will cut by 0.25% still way above BOJ IR
just wait for this to burst because big boyzz going to enter soon
One solid technical indicator is when someone gobbs off the price goes the other way
Congratulations. New Summit Coming 205
Why you give so much knowledge to other @Serkota85 Keep dis for yourself ,no one interested to take dis knowledge
The only things I know his knowledge is to buy up …… zzzzZzzz 😂
Sure price can now drop to 190 and many will exit at BE or small loss and be glad they held, but did u learn the lesson to let go and not move ur sl higher and higher? U will do it again and next time price won’t come back and keep going against u until MC, maybe u have done this nany times before but price by luck came back and u exited at BE, and this one is the one thst won’t come back and will keep going against u, will u survive at 210? How about 220? U think no way price will go that high? Ok watch…..
dangerous to whom? Japan? How do u know what Boj wants? Maybe this is what they want, a weak yen to compete with China
Japan don't want to collapse his economy ,compare difference of interest rate with other country...
Brahh, you're all over the place. All these days you've been talking BOJ this and that, yesterday you said since U/J has 300pips till 160, so does G/J above 200, today you were rambling about the market having priced in that BOE will cut after the Fed which leads to growth in G/U and so G/J will be way higher when U/J reaches 160 (if it does) due to strength of G. G fundamentals are weak, it is being propped up artificially. BOE will most definitely cut before the Fed, they'll just follow ECB. Your general advice for newbie traders is great, I concur: the most important skill a trader needs to develop is when to let go and move on to the next trade. But the other stuff is pseudo-analysis...
Remember when price was below 200, those were the days, now price is at 210, we are 1000 pips above 200, and 200 is now considered support just like 190 was considered support when we were at 200, and 180 was support when we were at 190, etc etc. this is the type of messages that will get posted here in a few months, still believe in indicators who say over bought? or RSI or MACD or Fibonacci? or u sold and held and paid so much swaps that this will need to fall 2000 pips below where u opened your position to break even, or u think BOJ raising rates from 0.10% to 0.20% will actually mean anything? and when will they raise? Probably next year.
Remember even if u are profitable for a few years and u quit your job and is making good money, if u dont stick to your sl and dont let go early on, a trade will come one day and take everything u ever made and more, yes many times u will let go but the trade will cone down and u will regret not holding but it doesn’t matter, u have to do that to avoid that one trade that comes once a year that will go against u for years that will take all ur savings and makes u miserable for months while it eats u everyday to eventually take everything
Many sold UJ at 0.99 and held, price went up 6000 pips, many sold GJ at 125, price is now 200, it went up 7500 pips! Don’t become like them, don’t fight the market
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