Gbp/jpy Forex Copy Trading

Gbp/jpy Forex Copy Trading This page is all about trading the GBP/JPY currency pair. This page will allow members to copy the

The price could drop down to the 124.500 area.
15/05/2020

The price could drop down to the 124.500 area.

Lately I have been using these indicators to help me make my trading decisions. These are free indicators and if you do...
07/01/2018

Lately I have been using these indicators to help me make my trading decisions. These are free indicators and if you do some reading you can you will see how powerful these indicators are. The green dots is the parobolic SAR, very handy for placing your stops and showing you when a trend is changing. The green line is the 200 ema. The red line is the 15ema. You place a trade when the 15 croses over the 200. Now you can stay in a trade for weeks. This week I am taking a long (buy) position going up to the 159.375 area. Good luck with your trading and please do your research. If you want to find the information on the strategy just go to google and type in something like "15 and 200 ema forex trading strategy."

These are the indicators I use to make my trading decisions. The green dots are the parabolic SAR, this shows me the dir...
06/10/2017

These are the indicators I use to make my trading decisions. The green dots are the parabolic SAR, this shows me the direction, or change in direction. The red line is the 12ema set to close. The blue line is the 24ema sset to close. When red crosses blue either go long or short, whichever way they are pointing. I only use the daily chart and you can see how consistent these indicators are. These are also free indicators available on MT4. You don't need to pay for indicators at all. Just read up on how the price bars work and you have all you need to make consistently succesful trades. Lastly, the parabolic SAR, can also be used as a stop/loss. Enjoy your trading this week.

01/10/2017

I get asked a lot about the indicators I use. Many people can't afford to buy indicators. There are some really good ones already on your MT4 platform.
The parabolic SAR is a good one. The SAR shows up as a series of dots, below the bar means the price is going long, above the price means it if going short.
The 12EMA is a good moving average to use. Have it as red on your screen. Then get the 24EMA and have this in blue. When the red crosses the blue simply place your trade and leave it until the moving averages cross again. You can add to your position as the price keeps going.
The 12 and 24EMA's are only good up till the daily chart.

19/03/2017

I keep looking at this currency to go up and it is not. At some stage I am looking to take GBPJPY down to the 125.000 area.

29/01/2017

I get asked all the time about who can help you learn to trade. When you hit simply the word "forex" in google you will get about 41 million hits. How are you going to find someone who can genuinely help you reach your goals?
You could find a "trading coach" who will charge you $25,000 for a weeks training. This "coach" usually will never show you a real trading statement, they will happily show you an excel spreadsheet.
You could go to a trading seminar that will sell you some sort of trading software that will usually send you broke.
When I first started trading I was using a system only an act of god could make work.
Recently though I have had some very good results and I am starting to do quite well. I did that due to some indicators I have bought from 2 different companies. These companies I have been introduced to really do want you to succeed.
I am not in any way paid by these companies, I am happy to refer them as I have the results.
If you want to improve your trading, get the ProTDI from Compass FX. You also need the Super ADX and Ribbon Trader from Steven Matrix at Day Trader.
My trade for the coming week on GBPJPY I am going for a buy trade going up to firstly 147.600. After that I will see what happens.
Good luck with your trading this week.

11/12/2016

From the research I have been doing on GBPJPY and from the price other yen pairs are trading at, I will be going short this week down to the 140.000 area. After that I would expect to be going long. That is only my opinion and in trading you must make your own decisions. Good luck with your trading.

I don't usually do this, however, since there is not a definite direction on GBPJPY. Here is a potential "cup" trade on...
28/09/2016

I don't usually do this, however, since there is not a definite direction on GBPJPY. Here is a potential "cup" trade on GBPAUD, 4hr chart, the same appears on the daily. Here you can see the cup starting to form nicely. I am going to place a trade shortly on this pair back up to 1.78000.

I have absolutely no idea where GBPJPY is going this week. Perhaps the price may go up at the start of the week before m...
25/09/2016

I have absolutely no idea where GBPJPY is going this week. Perhaps the price may go up at the start of the week before moving further down. I am staying out until something more definite appears.

My trades are out.As you can see the gap only just got covered, I got out at 131.000, I am very happy with the result. ...
21/09/2016

My trades are out.As you can see the gap only just got covered, I got out at 131.000, I am very happy with the result. Now I am going to stay away from the market till tomorrow and see what is going to happen next. Good luck with your trading.

I mainly trade GJ, although when I am looking for chart patterns you have to look at other currencies. I found this on ...
16/09/2016

I mainly trade GJ, although when I am looking for chart patterns you have to look at other currencies. I found this on AUDNZD daily chart. If the currency keeps going sideways it is going to form a very nice "cup" pattern. From what I have read online about chart patterns a long term target would be 1.10964 to go back and close the gap. Be aware though the chart patterns don't take into account news and other economic issues. Good luck with your trading.

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