One More Short
Short Taken @ 149.50 SL above 149.79 TP 149.15
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Week of March 19 - 23
This pair is negative as long as it is below 150.00
Now the pair is confined between 147.00 & 149.50
Any clear break in either direction we will see acceleration:
Clear Break of 147.00 will take price to 145.00
Clear Break of 150.00 Will take price to 153.00 & 156.00
Working on this pair needs high level of caution and very deep assessment each time the pair hits one of the above areas.
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Week of March 19 - 23
This pair is negative as long as it is below 150.00
Now the pair is confined between 147.00 & 149.50
Any clear break in either direction we will see acceleration:
Clear Break of 147.00 will take price to 145.00
Clear Break of 150.00 Will take price to 153.00 & 156.00
Working on this pair needs high level of caution and very deep assessment each time the pair hits one of the above areas.
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ملاحظة
STILL>>>>>Harmonic side Bearish Bat on M30, Bearish Bat on H1, and bearish Gartley on H4 are already confirmedملاحظة
Will look to close before target if not achieved before 13:15 hrs New York Time, two hours from now..ملاحظة
Watching the London close in 26 minutes, may be position can be closed in profitملاحظة
Position is underwater -7 pips now, will wait another 45 minutesملاحظة
US Indices are jumping from losses to gains, that caused the lift in GBPJPY price back to highs of European session, will watch US Indices to fall or retrace from hereملاحظة
Pair is facing strong resistance by 149.80 - 150.00 if clear break happens pair will be positive and good for buyملاحظة
News about Quite Quiet BOE meeting, raise put off till May meetingملاحظة
This move is supported by 148.75 - 148.55 area which may be broken tomorrow for a run to 147.85 - 147.50 area----------Remember>>>>> Open price today was 148.77 and there is no that strong evidence in market to drive price that high, we may see an accelerated drop again today like the morning oneملاحظة
Yesterday's high is not yet brokenملاحظة
Decided to leave position opened through the FED decision and press conference if it reach there, (To Be or NOT To Be)...............ملاحظة
The pair remains Net Long, means that majority of traders are long on the GBPJPY, means that pair may reverse lowerملاحظة
30 minutes to FED decision and 60 minutes to FED press conference and stocks riseملاحظة
First sign of the accelerated drop, from the highs of 149.66 to mid 149.40'sملاحظة
pair is very uppy today, back to 149.60's , let us seeملاحظة
US Indices are loosing steamملاحظة
5 minutes to FED decisionملاحظة
Added more short @ 150.11ملاحظة
Now Carry two shorts from 149.50 and 150.11 Removed SL from now eyeing SL above 150.45ملاحظة
Press Conference at any momentملاحظة
US Indices nicely dropped during the press conference, will hold the positions and see the end of the press conference normally takes one hour, expected to end by 15:30 New York Timeملاحظة
All US indices are in red, and GBPJPY is back below 150.00 levelملاحظة
Eyeing 149.70 - 149.50 area from there pair may follow further downملاحظة
hurdle on the way down is 149.42ملاحظة
DJI and SP500 back in green, took the pair again above 150.00ملاحظة
Bearish Butterfly on M30 and H1 Chartsملاحظة
DJI & SP500 continue a bot higher leaving Nasdaq barely flatملاحظة
mixed picture all in all in US indices and mixed signals from the FED press conference as well, things will be clear after FED chairman ends his conferenceملاحظة
Press Conference ended only 45 minutesملاحظة
getting all US indices in green again and the pair below the 150.00ملاحظة
will follow through looking for a further drop down id price remains negative below 150.00 till the American session closing @ 16:00 New York Timeملاحظة
Although DJI is on the green around +100 but it is down from around +230 hit by the start of the conferenceملاحظة
will look into the option of setting off the two positons in the 149.80's area trying to breakeven and get out of market without losses out of this tradeملاحظة
149.70's area is even betterملاحظة
Although the pair is negative, but I prefer to clear up and sleep the night, market is always thereتم إغلاق الصفقة يدويًا
Closed the 150.00 @ 149.79 +31 pipsClosed the 149.55 @ 149.79 - 29 pips
Total = + 2
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