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Old 03-25-2007, 11:38 PM   #18 (permalink)
JoseLeon
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Join Date: Feb 2007
Location: South of Spain
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Default Re: Rather quiet overhere..

Great post ibiobiz! and with gbp/jpy! I love this pair. Thanks.

Quote:
Originally Posted by ibiobiz View Post
Sure, no problems, it's nothing fancy so hear goes.

What I am looking for is for GBP/JPY to drop and
once it hits resistance and bounces upwards, I am
there to execute a trade with a rather tight stop/loss
of -20 pips.

I am looking for candlestick/bollinger band patterns
like below,when it breaks through the lower bollinger
band on the way down and then breaks it again on
the way up on at least the hourly chart, that's
pretty much it.

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