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GBPJPY Long

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I’m long the GBPJPY again, too… going for 150.45 w/ a stop at 146.50

Be good to yourselves.  :D

Posted by admin on Monday, October 19, 2009 at 9:51 am 
Filed under Trade Alert, Trader's Blog · Tagged with

Comments

6 Responses to “GBPJPY Long”
  1. Aby David says:
    October 19, 2009 at 10:13 AM

    I am in this till 151.25 roughly where the 400SMA is on the 4HR … if you draw a line at about 151.30 on the 4HR it looks like quiet a Support/Resistance level accross the horizontal… see and watch your eyes pop out !!!!

  2. Aby David says:
    October 19, 2009 at 10:13 AM

    Sorry i meant the 800SMA on the 4HR

  3. Triffany says:
    October 19, 2009 at 10:32 AM

    I definitely see what you’re talking about Aby and I think the price could get as high as 152 (slightly above where the 4h 800sma is now), but I’m going a bit conservative since this is a carry pair and there are some big discussions going on this week about the JPY. I’d happily take a second consolidation and get in again though…ultimately shooting for that 152 to 152.50ish…just not on this trade.

    Great observation!

  4. JeffreyR says:
    October 20, 2009 at 12:01 PM

    Still in this one……I actually took a short trade on the GBPUSD for + pips earlier……a little dollar strength for a change…but hoping the GBP will pick back up as we go along this week.

  5. Triffany says:
    October 20, 2009 at 2:25 PM

    I’m still long the e/u, g/u and g/j too. Japanese news tomorrow will make or break that g/j, I think.

  6. Triffany says:
    October 21, 2009 at 6:33 AM

    Our patience paid off on these! Yea!!

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