small short position didn't get closed in time. wtf will happen...
selling more of this up to 98.40 and also selling GBP/JPY. look for my idea on the daily chart and please comment. I'm now bearish on GBP/JPY for the short/medium term because of the channel its carved out, near the top.
Yorumlar
sunny
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stayed out of the way after the initial short. the rejection/run up from the support line scared me off. I'll wait for 98.40ish to evaluate short again.
Chartreader
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I am also in trouble going long...
AncientM
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I had made some profits going long...
sunny
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hit the bottom of the triangle but sell limit orders below not touched. may sell higher again.
Chartreader
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Not agree, price is consolidating and as per the news/fundamentals, long is suggested! However I will prefer to see another 4 hours of the market open to see some confirmed price action!
sunny
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Consolidation is the main reason I am bearish. There are too many Yen bears since the end of 2012. August is usually a month when the Yen appreciates and its working. This medium term downtrend will be broken at some point, but it may need a fundamental catalyst or it will reach 95s.