GBP/JPY = Analysis and Signal

masterpips · #1 (**permalink**) 06-11-2008, 12:59 AM

Hello All,

I wanna to post analysis and signal for GBP/JPY currency pair

thanks all

masterpips
Mastering the pips
www.mainmainforex.blogspot.com

masterpips · #2 (**permalink**) 06-11-2008, 06:12 AM

hourly chart on 11 June 2008 20:09 (GMT+7)
11062000.jpg

based on this chart, you can see it's already brake the triangle and then it has been leaving our support/resistance line. so my prediction it's will go down at least 209.40.

but I think we should wait until the candle finish his form.

see u at 21.00 (GMT+7)

masterpips · #3 (**permalink**) 06-11-2008, 07:02 AM

it's confirm

position : sell
TP : 210.50
SL :210.70

Happy Trading

masterpips · #4 (**permalink**) 06-11-2008, 07:36 AM

Result:

it's succeed

profit = +30 Pips

masterpips · #5 (**permalink**) 06-11-2008, 06:31 PM

this is daily chart.

D_12060800.jpg

Based on this daily chart, we can expect there will be any chance for down trend. it's doji stick. it's reversal signal for daily chart.

then, this is hourly chart:

12060815.jpg

based on this chart, we can see that we are in indecision situation. so I think we should wait and see.

Thanks you all.

masterpips · #6 (**permalink**) 06-11-2008, 09:30 PM

12 June 11.30 (GMT+7)

I think we should still waiting

There is no good signal

Happy Waiting

masterpips · #7 (**permalink**) 06-12-2008, 12:02 AM

Take a good look at this below chart:
12061400.jpg

it's already break the triangle, but we still have to wait until it's finish its form. For safety, it's better to wait until next hour chart finish. so we'll make a move at 15:00 (GMT+7)

Happy Waiting

masterpips · #8 (**permalink**) 06-12-2008, 01:07 AM

12th June 2008 15:00 (GMT+7)

There are no signals, guys

Today is not good day yet

masterpips · #9 (**permalink**) 06-12-2008, 01:22 AM

Be ready guys

I think we get the signal

I'll inform you at 16:00 (GMT+7)

masterpips · #10 (**permalink**) 06-12-2008, 02:03 AM

signal on 12th June 16:00 (GMT+7)

position = sell (209.70)
TP=209.45
SL=210.21

Happy Trading