Recent content by pips it

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    GBP/USD trading

    look @ cable/yen eur/yen and u'll get the picture
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    Usdjpy

    enjoying riding the usd/jpy downnnnnnnnnnnnnnnnnnnnnn from 118.25 :D
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    Usdjpy

    first target reached (the 117.00) support region; first attempt to knock it off failed and a low of 117.09 was printed; price tried to test the 117.40 resistance (ex-support) so far its not being able to. I am to move my stops to 117.60 this 117.40 level is to be taken away; and I am still...
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    Usdjpy

    daily chart
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    Usdjpy

    Just taken a short USDJPY position @ 118.25; with a stop and reverse order @ 118.55; targeting 115.15 low. I was talking about the ascending triangle forming on the daily chart for this pair; I still believe it is a valid signal as long as price is still below the 118.48 mark. Triple tops...
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    My trades this week

    Well, good luck ... but where are your stops and take profit levels at?
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    short GBP/JPY

    LONG cable/yen @ 232.42, initial target 233.50; 2nd 235.20; Stops @ 231.30
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    Loonie ... the infamous USD/CAD

    will consider a bear flag formation on dailies as long as USDCAD is trading below the 1630-35 region; bearish sentiments wont be reversed before breaking above 1677 (previous support level, and now the broken TL resistance)
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    Ascending Triangle on daily USD/JPY

    With or without the fundamentals; 118.48 is a crucial level north; I am to be an aggressive buyer above that level targeting 119.50 and then a complete retracement towards the triple tops region (121.60-122.15); but I want to see this ascending triangle pattern violated to abandon any...
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    Ascending Triangle on daily USD/JPY

    Good morning traders, I was looking at the daily chart of USD/JPY; I am attaching it below; I can see a clear ascending triangle pattern forming; with resistance level of 118.48!! Right now price is working its way up to that level; I am looking to short a failure of that level targeting...
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    short GBP/JPY

    A simple channel breakout play would target 130 pips either ways; watch the 61.8 and 38.2 fib. levels for setting up initial targets.
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    short GBP/JPY

    please note the failure we have around the second fan line; if this failure to persist; I will be selling a failure of the W bottom on the 1H chart (around 230.70), with 229.30 as first checkpoint
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    short GBP/JPY

    sorry guys, I've just noted that I didn't attach the daily chart!!!! here it is ...
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    short GBP/JPY

    sorry but couldn't know how to attach multiple files ... here is the weekly chart.
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