Displaying posts filed under

GBPJPY

Aug
31
2010

Trade Updates: JPY Strength

The JPY Crosses are doing well so far based on the JPY Index Stength …

Aug
31
2010

Heads up: Possible Yen Strength

Its early morning here in Asia and the market still has to digest what BOJ has been doing in last 24 hours however as per the JPY Index chart it looks like we might be getting ready for another round of possible JPY Strength … but as it happens during the Intervention periods, the picture [...]

Aug
11
2010

GBPUSD: Possible Short

I’m not sure about this setup as yet but GBP seems to be breaking down against not only USD but also against JPY and some other stronger currencies such as NOK and SEK … should be an interesting setup to watch …

Jun
11
2010

JPY Crosses: Support Resistance Levels

JPY Index has finally signalled an opportunity to move on upside, however 50.00 is still a great challenge to be broken … Below 49.03 the Bias for upside will become invalid …

May
28
2010

JPY Crosses: Moving Up

The JPY Crosses have had a nice run on Hourly TF since yesterday as the JPY Index shows in the chart. I’m bit careful to see whether this is a new Bullish move or just a Correction to the Bearish run we’ve had since last few weeks now. 4H chart will confirm which way we’re [...]

May
19
2010

JPY Crosses: The journey continues

As suggested earlier, the journey for JPY Crosses on the down side is still very much alive, some of the pairs have given a wonderful run during last week or so … AUDJPY: Short from 82.50 current price is 78.27 CADJPY: Short from 90.27 current price is 87.91 CHFJPY: Short from 82.50 current price is [...]

Feb
25
2010

Trade Update: GBPJPY

Finally got the Target …

Feb
24
2010

Trade Results: JPY is JPY

Just as we thought … JPY has always been my favourite Currency because when it gives signals it gives you quite clear signals. I’ve been to around 1000 pips in profits on all the JPY Crosses …

Feb
22
2010

Heads up: Possible Yen Strength

I’m looking at a possible Yen Bulls run on the Yen Crosses (CHFJPY may be an exception) more specifically around GBPJPY, AUDJPY, NZDJPY and possibly CADJPY too … However, it all depends on how powerful the Kumo Breakouts appear on 4H and 1H charts …

Jan
19
2010

Possible Trades: GBPJPY on Long Side

Also Watch out for a potential Trade (many Resistance to clear yet) in GBPJPY on Long side …

Jan
14
2010

Trade Updates: Long on GBPJPY

I’m Long on GBPJPY (Entry Point is highlighted with a Yellow Circle) and will be watching it closely over the next few days with a great interest … just a heads up …

Jan
12
2010

Trading Signal: GBPJPY – Long

Symbol: GBPJPY Type: Long (Buy) Entry Price: 148.20 Stop Loss: 146.75 Take Profit: Open Objective

Jan
6
2010

Trade Updates: Covered GBPJPY

Just covered the GBPJPY Trade and here is the reason why …

Dec
8
2009

Trade Updates: Shorted GBPJPY

FreeStockCharts.com is proving to be an extremely useful tool as their charts are crystal clear and easy to visualize the upcoming moves. Just covered a Short trade today for GBPJPY, nice and smooth ride … Good night from Australia … see you tomorrow

Nov
30
2009

Trade Updates: Holding JPY Crosses Trades

Although the Kumo Cloud has made a lower curve because of this recent upside move in USDJPY and other JPY Crosses, I’m still willing to hold my Short Trades and aim for booking more profits if and when we see another (most probably a final) leg down towards the 83.xx and 82.xx levels. Holding these [...]

Nov
29
2009

Ichimoku Analysis: Bearish on JPY Crosses 29th Nov 2009

I suggest caution for those who are either Long already or Feeling Bullish on JPY Crosses. The picture is very much Bearish as yet until we see a strong commitment from BOJ to intervene …

Nov
16
2009

Intraday: 16th Nov 2009

In continuation with the overall Trend Bias from last week’s trading, I still support the Dollar Weakness, however there seem to be Japanese Yen Weakness (look for potential chances in AUDJPY, GBPJPY, CADJPY, CHFJPY and NZDJPY if they form a Bullish Setup) getting momentum and that might bring us great opportunities throughout the week. However, [...]

Nov
12
2009

Trading Idea: JPY Weakness

Just a heads up … Watch out for the Trading opportunities created by the possible JPY weakness. PS: Also, look at ZARJPY if you trade this pair.

Nov
5
2009

Trading Idea: Yen Crosses

Just a heads up, watch Yen Crosses … there seems to be a great opportunity around the corner. However, be warned that there are too many news releases coming up and specially the NFP, so trade on your own risk. Good luck.

Oct
18
2009

Trading Idea: Shorting GBPJPY – 18th Oct 2009

I’ve stayed away from the Monster (GBPJPY) for quite a long time now and havent traded it since almost a couple of months. However, just now when I had a look at the potential weakness coming up in GBP Index, this pair was my second choice to look at in detail after GBPUSD. Similar to [...]