Bigpipn, i have to call BS when i see it. How could you of got 14pips profit with a BOE annoucement. Price was about 215.12-20 1sec before. So you got filled instantaneously and also at a profit when GBP/JPY would of spiked 50pips through it. I thought guaranteed stops were dead.
I would like to respond here however I posted a late trade so what I say is meaningless at this point. It won't happen again, I'll either post real time or not post at all.
Perfect, I think that's all ForexPro was asking of everyone here. I'm sure he could care less about fabricated (or potentially fabricated) results, but when it's affecting the integrity of a thread that he specifically asked to be in real-time, it becomes an issue. Case closed.
Good luck w/ that long. US Equities look poised to sell off which will drag U/J down and G/J with it.
Hmm, really? I'm still holding shorts from 215.65 I see a lot of resistance here and would personally wait to take longs down near 214.00 or on and upside breakout of 217.25ish
-84 stop hit. It wasnt the stockmarket or usd/jpy bringing it down. It was the fact the GBP reversal of 100+pips after it held rates (which didnt even suspend the downtrend for an hour). Bit simplistic just looking at whether the Dow is up or down relative to placing a GBP/JPY trade. This relationship was intact until a few months ago, but has lost some of its correlation. AUd/JPY is a better proxy for equity markets.
Target of 214.65 JUST met for a +100 pip profit. Flat for now, but looking to buy 214.09 with sell top/flip position in at 213.40 . . . also placing an order to sell near top of the range at 215.50
Although I haven't watched AUD/JPY enough lately to speak in regards to that comment, I agree with everything else you stated. To me, the GBP/USD rally was much overdone, otherwise I would have covered my GBP/JPY shorts. I was just waiting for it to fizzle out. This could be a decent buying spot for GBP/USD, but I'm still waiting for lower on the cross.