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Gbjpyshort

GBPJPY Short Term Short Trade!With no major News coming out during the day which an effect the pair directly we must only watch out for a slight impact when the News regarding USD (consumer Price Index comes out Today). News on GBP Consumer Price Index MoM which would be released on Wednesday could set off a directional movement for this Pair. Till that time only a slight impulse is expected as a result of USD: Consumer Price Index News, which is slated for later in the day today. Brexit which is slated for this Month end will weigh heavily on the minds of the Traders. Till that time, at least till the last week of Jan 2020 it is expected that GBPJPY will tread downwards looking to test Jan 2020 Low formed on 8th June. The long bottom wick formed on the daily candle would indeed serve as the testing zone for some range bound trading in that zone.
Short
by gotrade4me
2
GBJPY Short Term Short TradeWith no major News coming out during the day which an effect the pair directly we must only watch out for a slight impact when the News regarding USD (consumer Price Index comes out Today). News on GBP Consumer Price Index MoM which would be released on Wednesday could set off a directional movement for this Pair. Till that time only a slight impulse is expected as a result of USD: Consumer Price Index News, which is slated for later in the day today. Brexit which is slated for this Month end will weigh heavily on the minds of the Traders. Till that time, at least till the last week of Jan 2020 it is expected that GBPJPY will tread downwards looking to test Jan 2020 Low formed on 8th June. The long bottom wik formed on the daily candle would indeed serve as the testing zone for some range bound trading in that zone.
Short
by gotrade4me
Breakout Identified in GBPJPYThe Breakout Opportunities system has just sold GBPJPY at 145.734. The system recommends entering this trade at any price between 145.449 and 146.378. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.258, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 148.312 and a profit target has been set at the 1 Day ATR level at 144.594. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance. Signal ID: 60011 Time Issued: Thursday, 15 November 2018 09:17:15 GMT Status: open Entry: 145.449 - 146.378 Limit: N/A Stop Loss: N/A CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Short
by FXCM
Possible trend shift in GBPJPY – going shortThe Tidal Shift Strategy has just sold GBPJPY at 145.915. The system recommends entering this trade at any price between 145.694 and 146.135. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 2.175, which suggests that the GBPJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.176, so the stop loss has been set at 146.797. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 59541 Time Issued: Tuesday, 23 October 2018 04:00:16 GMT Status: open Entry: 145.694 - 146.135 Limit: N/A Stop Loss: 146.797 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Short
by FXCM
GBPJPY approaching resistance, potential drop!GBPJPY is approaching our first resistance at 149.30 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 140.80 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5, 3) is also approaching resistance where we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
2
GBPJPY appears overboughtThe Congestion Opportunities Strategy has just sold GBPJPY at 149.22. The system recommends entering this trade at any price between 148.912 and 149.528. The signal was issued because the 28-hour Relative Strength Index indicates that the GBPJPY may be overbought, while the Speculative Sentiment Index reading of -1.476 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 1.23, so the stop loss has been set at 150.45. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Congestion Opportunities is a range trading strategy that aims to sell overbought currency pairs and to buy oversold currency pairs. The strategy will only trade when the Speculative Sentiment Index for that currency pair is between -1.5 and +1.5. Limiting range trading in this way has shown in the past to significantly raise the probability of successful range trades. Signal ID: 58956 Time Issued: Thursday, 20 September 2018 19:00:16 GMT Status: open Entry: 148.912 - 149.528 Limit: N/A Stop Loss: 150.450
Short
by FXCM
2
GBPJPY approaching resistance, potential drop!GBPJPY is approaching our first resistance at 148.39 (long term descending resistance line, 100% Fibonacci extension, 61.8%, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 145.59 (horizontal pullback support, 38.2%, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and a reaction below this level might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
GBPJPY Reversed Off Resistance, Prepare For Further DropSell below 145.64. Stop loss at 147.13. Take profit at 143.81. Reason for the trading strategy (technically): GBPJPY reversed off its resistance at 145.64 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 143.81 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) reversed off its resistance at 96% where a corresponding drop is expected
Short
by theforexarmy