FX:GBPJPY   British Pound/Japanese Yen
1375 14 23
GBPJPY             is on the trendline , i'm expecting a bounce up, like on every JPY pair, so i think that buying there wouldnt be a bad idea!
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Very low risk trade! Lets see
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I will make sure to answer every comments/questions below!
Comment:
snapshot
I'm on the same trade, but this pattern of crawling over the trendline usually results in a violent breakout downwards..
+1 Reply
i see a cup and handle i dont see it going down, anyway... i mean the risk reward talk by itself
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IAmAgainst jolicoeur342
Sure, I have a sell limit order at your target so I don't want to miss that either..
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your very low risk trade eventually converts into high risk trade. hahaha
anyways thanks for your charts ;)
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whats your tp?
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137.300
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forexramen jolicoeur342
thanks - such a free trade ,JPY announcement came out 5 mins before tokyo session :) - Thanks bro!
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trade active sir?
+1 Reply
jolicoeur342 PRO pipodertaker
of course!
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too tight of a stop.... minimal loss.... going up hopefully now
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snapshot


Go baby go !!
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Hi, it appears that many of the market currency pairs are quite placid i.e. moving up and down with little volatility, small rises and falls, why is that? what is the major global catastrophe are waiting for? the US elections? We are taking small wins, will this be the status quo for a while?
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Yes I like this idea, I am not long yet, will wait for break of the trend line on the handle.
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see i told u it will eventually convert into high risk trade. hahaha thank god i was short ;) and now chances are more down
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