Maxmillian
Short

GBP/JPY Trend Coming To An End...

FX:GBPJPY   British Pound / Japanese Yen
180 2 4
Bonjour,

Our "VIP" members took two positions in the GBP/JPY             pair on the break of a trendline . They also added another position as price couldn't break through support which held over a two day period. Took profits on half of the position @ 181.27 for a 486 pip gain and are still holding on to the other position continuing to ride the momentum down. The P&L is currently showing a healthy 685 pip profit and that position and no matter what we'll pocket 617 pips on this trade even if it would reverse and stop us out. Our proprietary momentum indicator is telling us that the run might be over here shortly, so we're watching this one closely as we are getting closer to christmas ... where volatility naturally will decline as most Wall Street'ers are on vacation and the markets are closed.

We'll continue to update this and other trades all the time. Until next time,

À bientôt,
Maxmillian DuPont
(www.myfxlifestyle.com)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out