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Gbpjpy_outlook

**COMPETITION** WIN a pink UNICORNCan you tell us why you think price will bounce at our green zone? post your answers below... winner will win a pink unicorn called Fred... I bet you all want to enter now ;p We keep saying it but SIMPLE is BETTER in forex trading! we will drill it in to your heads sooner or later. Anyway the winner of the competition will have to collect the unicorn from the planet Pluto as the Royal Mail and other delivery services say they cant deliver to outa space... Maybe I should ask NASA ( but they have never been to space either ) ;p
by ApexFX_Pro
2
**COMPETITION** WIN a pink UNICORNCan you tell us why you think price will bounce at our green zone? post your answers below... winner will win a pink unicorn called Fred... I bet you all want to enter now ;p We keep saying it but SIMPLE is BETTER in forex trading! we will drill it in to your heads sooner or later. Anyway the winner of the competition will have to collect the unicorn from the planet Pluto as the Royal Mail and other delivery services say they cant deliver to outa space... Maybe I should ask NASA ( but they have never been to space either ) ;p
by ApexFX_Pro
5
FREE 80-100 pips.Soon we will open peoples eyes and make them realise that trading really is not hard if you keep it simple and don't let other people complicate things. We teach this to our clients, trading is equally about the mind set and emotions as it is about the technical and fundamental analysis... balance this out and you will soon be living it up in L.A ;p Come have a chat with us and see how we can help you thrive in the markets and work your way towards financial freedom.
Long
by ApexFX_Pro
1
May the force be with you ;pFormed we have a good trend line ( TL ) now price is been pushed into our red zone which is previous support, we are expecting 1 more test of this area and then price to break through this TL. We have had weeks of bearish movement from this pairing, but now with May resigning we personally are expecting GBP to strengthen slightly which will cause this strong TL break. Now with May gone lets hope the UK can wake up and sort Brexit out and strengthen GBP again.
by ApexFX_Pro
GBPJPY at Major Demand Area: BIG BUY if Support HOLDSAfter dropping for almost TWO WEEKS, it would be interesting to see if GBJPY manages to Stage a comeback. Price has hit a Major DEMAND AREA on the Weekly Chart. We need a couple of Constructive BREXIT related News and Improved RISK APPETITE this week to push GBPJPY higher. So, in case of POSITIVE DEVELOPMENTS, as mentioned above, Swing Traders can definitely BUY at 139.50 area with SL below 138. TPs can be set at 143.80 and 148.50.
Long
by TraderAvDM
1
Boozed up BritsOur purple line we have drawn on our chart is a VERY strong monthly and weekly support level in fact it is so strong we are wondering if it broke into a steroid factory and swallowed all the pills, if you don't believe me then open the chart and take a look for yourself... but of course you would do that anyway and not blindly follow a strangers say so wouldn't you ;p Anyway enough of the gym talk... we are looking to see what price does at market open before we take a position on this pairing but we are looking for a possible touch and bounce off this level before a bullish run, we do have to be cautious though as the last couple of weeks price has been on a downward spiral bear run possibly caused by the s#it UK government who couldn't organise a good old p#ss up in a brewery or a fight at the boxing, And that is saying something as us Brits love a good drink and a scrap ;p So keep your eyes open for a test of this level or possibly we might action a buy trade for our clients tonight depending on where markets open.
Long
by ApexFX_Pro
Steroid factory robbed!!!Our purple line we have drawn on our chart is a VERY strong monthly and weekly support level in fact it is so strong we are wondering if it broke into a steroid factory and swallowed all the pills, if you don't believe me then open the chart and take a look for yourself... but of course you would do that anyway and not blindly follow a strangers say so wouldn't you ;p Anyway enough of the gym talk... we are looking to see what price does at market open before we take a position on this pairing but we are looking for a possible touch and bounce off this level before a bullish run, we do have to be cautious though as the last couple of weeks price has been on a downward spiral bear run possibly caused by the s#it UK government who couldn't organise a good old p#ss up in a brewery or a fight at the boxing, And that is saying something as us Brits love a good drink and a scrap ;p So keep your eyes open for a test of this level or possibly we might action a buy trade for our clients tonight depending on where markets open.
Long
by ApexFX_Pro
Inbox me your mobile number ;pIf you got on my last trade idea for GJ then well done, inbox me your number so we can arrange for you to take me out for that drink ;p We can see price rallied through our support zone as we mentioned in our previous post, we can now see price having a pullback and making a bullish run up to this same zone again but this time using it as resistance and bouncing off to make more bearish movement. Depending on where price opens at market open we will be jumping on this trade, last weekend the markets were crazy and opened with some mad market gaps ( thanks to Donald Trump ) This behaviour would have wiped loads of peoples accounts because if you hold a trade over the weekend and the market jumps then your SL becomes invalid... but you knew that already rite ;p So go long, but use correct risk management.
Long
by ApexFX_Pro
GBPJPY: Trying a BUY after a Selloff?Like every other X/JPY pairs, GBPJPY too has seen a heavy sell-off this week. President Trump's threat of higher tariffs over the weekend has rattled the markets. And, that has led to high demand in SAFE HAVEN Yen. Besides, Brexit uncertainties and the UK's political landscape has also contributed to Pound's fall. The combined factors have led to a big decline in GBPJPY. However, is there a chance of a relief rally in GBPJPY? We can see that the price is now in the 142.80-143.10 area. In the past, this area has acted as a REVERSAL point for GBPJPY. So, it's important to analyze how price behaves in this area. Upon BULLISH PRICE ACTION, traders can look for BUYS at 142.80-143.10 with SL below 142.60. TPs can be set at 144, 145.20 and 147 respectively.
Long
by TraderAvDM
Up or down?As we can see GBP JPY is in a really strong area of support that has been used many times before but with all the recent bearish pressure going into this level could we finally see it break? Price was last below this level in Feb of this year and ever since breaking through this level price has been up and down touching multiple times, now with some medium impact news regarding GBP in 2 hours and UK100 index at a good support level could we finally see this push through and break this key level on GBP? Watch the chart and find out ;p Myself personally am favouring the break, but this is not a signal only analysis so don't take this trade if it doesn't line up with your own analysis.
by ApexFX_Pro
2
The world is CORRUPT.. OPEN YOUR EYESWe are looking for price to reach our resistance zone ( red box ) before making a bearish run down to our support zone ( green box ) The technical all look good and are pointing to bearish movement, we have some high impact GBP news on Monday morning and then again on Thursday so this trade could easily be achieved this week. See how nice simple charts can make you see things more clearly? Trading doesn't have to be hard when you strip it all back. The school system is a failure and programmes kids into thinking everything has to be complex if you want to be successful, this is to try and keep kids in line so when they grow up they will get a dead end job to keep feeding the government money. The world is a corrupt place... open your eyes.
Short
by ApexFX_Pro