SteveNixon

Looking for a long set up

Long
SteveNixon Updated   
FX:GBPJPY   British Pound / Japanese Yen
41
I've been expecting a long break out for a few weeks - If price breaks and gives us an entry setup we could be in for a nice long trade.

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Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve
Comment:
So far we've had a couple of breaks up only for them to come back down. if your strategy is to trade these small moves then you could have had a nice trade. I'm trying to catch a big move up so I've been stopped out for zero
Comment:
Guys my computer crashed and I wasn't able to update my forecasts. I'll catch up this week. I missed this fantastic long trade which I had been waiting for. Price pushed a bit lower and then we had the nice move up. I hope some of you caught it and made some nice money. This chart is finished now so I'll post a new forecast tomorrow

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