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    GBP/JPY Trading 2008

    Thrill seeker eh? What's next? Bungy jumping? LOL
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    GBP/JPY Trading 2008

    That was a crazy spike at 8:25. I'm happy to be out as well. Can't wait to see what happens at US open. It's almost a morbid curiousity at this point.
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    GBP/JPY Trading 2008

    Manually closed my short last night @ 205.92 after price breached 205.70. Currently flat. Probably just be a spectator today.
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    GBP/JPY Trading 2008

    Finally broke 205.70. Looks like sh&t is hitting the fan worldwide. Blood bath tomorrow in the US markets? Please use caution fellow traders.
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    GBP/JPY Trading 2008

    Duh - made a brain fart. Thanks for the catch. Sub 205 if we get past 205.70.
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    GBP/JPY Trading 2008

    Seems to be quite heavy *support* @ 205.80. Needs to be broken to continue the downward momentum.
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    GBP/JPY Trading 2008

    Short from 208.53 via ATS last night. Sitting right on R1 of 206.65 at the moment with 207 being a more significant R2 and R3 @ 208.25. S1? Who knows at this point. The 1hr, 4HR and daily price action is all riding the bottoms of thier respective trendline channels which seems to be proping up...
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    GBP/JPY Trading 2008

    Just covered @ 208.84 for +155. Seemed like the thing to do based on heavy support. It will probably dip some more but I'm done for the week. Well, that was fun. I hope everyone was as entertained as I was lol. I decided to put my money where my mouth is, go manual and make calls live to...
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    GBP/JPY Trading 2008

    Second short now = ST BE +113 / TP 207.59
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    GBP/JPY Trading 2008

    Second short now = ST BE +89 / TP 208.24
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    GBP/JPY Trading 2008

    Second short now = ST BE +55 / TP 208.41
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    GBP/JPY Trading 2008

    TP on first short hit for +98 Second short now = ST BE +21 / TP 208.84
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    GBP/JPY Trading 2008

    Sold more @ 210.39 based on the short term failure to take out 210.50. Close stop
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    GBP/JPY Trading 2008

    sentiment up? they're talking to the wrong people.
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    GBP/JPY Trading 2008

    Stop moved to BE +5
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    GBP/JPY Trading 2008

    Seems like a good TP. Heavy support @ 209.50. Manually closed my long @ 211.31. Shut down the ATS and went old school - manually short at around 8:30am est @ 210.62. ST @ 211.08 - TP @ 209.64. I'll babysit it until Consumer Sentiment at 10am.
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    Getting good at trading currencies

    Those are almost a year old. Have anything recent.
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    GBP/JPY Trading 2008

    There is decent support @ 211 so be on the look out.
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    GBP/JPY Trading 2008

    The 3 bars at 212 also caused a redraw of the 4hr upper trendline so that adds a bit more pressure. Looks like when another test of 212 succeeds or fails it'll go off pretty strong. Maybe on the next bar. If I wasn't already in I'd be out. If trend breaks sustainably long it's going to have...
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    GBP/JPY Trading 2008

    No problem. Not my intention to steer you away and GBP/JPY can teach you much in a short amount of time but - just be aware that the lessons can be painful and expensive in the beginning. If you're tempted start with very small size.
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