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Gjshort

Trusting your Analysis.Here was a great day for many traders trading GJ. Most traders are aware of GJ being one of the more volatile pairs, although today was volatile it followed simple patterns, reaching highs of 161. and then reversing to low 160. I opened various trades through these motions at different prices, my mistake was not sticking with my original opening trade as It meant I missed out on hundreds of pips on such a simple trade. I also re-entered at different prices, this is a lesson learnt as every time in doing so, I am only increasing my potential for risk. Had I kept my sell at 161, my open risk would've been miniscule compared to my sell at 160.500. Listen to your brain, it's okay for a price to jump around, just have patience, before entering the trade you should try anticipate any fluctuations and at what levels, this will help you understand if your position is on track or not. And don't get FOMO, as you are only increasing your potential for a loss. It will be more beneficial for you in the long run. A bad trade is a bad trade.
by HBSPG
GBP/JPY SellsGBP/JPY has been bullish for some time now with high momentum pushes on all timeframes there has been a recent correction and some support formations after a decent rally. with no significant pullback in place since market open, I opted to take some sells should we break the previous candles lows come market open. On this occasion, the market fell below the Pre-London candles and triggered my position. Targets are ambitious but they are also in a significant structure zone on the H4 timeframe. If the H4 timeframe is to see a decent reversal, I have this area in mind to be where it will find consolidation
Short
by JRonaldTrading
GBPJPY H4 ANALYSISPrice is still bullish and rallied today 100+ pips. Support was found at 160.50 level. Possible rejection around 162.50 if price wants to push higher towards the previous supply zone. I'm personally looking for sells. Looking for a strong bearish candle to break 50 ma. There's money on both sides but if price doesn't break the 162.50 level I feel sellers will come in push price lower and low to grab up money around the 159.50 level and lower. This month and I'm challenging myself to just focus on 2 pairs and GJ is one of them. lol Trying to focus and cancel out noise/distraction. I will never give this up. I strive to be a professional trader and have that financial freedom we all look for. Trade safe and RISK MANAGEMENT. Peace.
by MrVizions_421
GJ Update from previous post OK so market spoke for itself and we see a break towards down side, so based on analysis there is divergence on daily TF (heavy signal) followed up with 4hr & 1HR divergence thats its been forming this diveregence is happening on resistance levels right now. We have our break on the 10min which we waited patiently for, most likely this trade wont take effect untill NY session but were on the ball so we see clear green flags to prepare and set up propperly for execution! lets have some fun and catch these moves
Short
by JoeIdeas
GBPJPY Downtrend H4I noticed something during the Valentines day at 14 Feb. Price already show Double Top Pattern & Engulf Sell . So I sell at 157.25 and add a layer entry sell at 156.95 . TP 1 at 155.40, TP 2 at 153.55. Follow the trend, I sell at 155.00 and reentry at 155.00 after the corrections. TP 1 at 153.40,TP 2 at 151.50. Now i entry Sell at 152.900 . TP 1 at 151.500 , TP 2 at 150.500. I also try to Swing sell position at Monthly Timeframe, I will share it later after this idea published. Have a great day!
Short
by khairulamrr
1
GBP / JPY 151.344 -0.35 % SHORT IDEA * TREND CONTINUATIONHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE POUND / YEN * A beautiful break below the support level triggers this trade, we saw a breakout of an ascending channel that saw significant momentum toward the downside. - Short term the pair looking for a momentum continuation possibly signaling a strong bearish momentum on the 4h chart this this stands from the bear flag we are currently trading in, a break above second plan comes into play. - Looking for short entries on GJ this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu