GBPJPY Planning Chart (July 11-15)..

FX:GBPJPY   British Pound / Japanese Yen
715 28 38
///Last week, I published 9 Pistachio charts .. all of them were within the limits of the plan///
H4 Pistachio charts are for weekly trade planning. These charts are not intended for trading. They are meant to align you with the market by giving you the direction of the market ( bullish / bearish / ranging) and the expected limits where price should move during the week.
Try to trade with the trend by waiting for price to go into the buy/sell zone before taking a position according to your trading style. Also, be realistic in your targets by using the target zone as a possible area where price could correct or even reverse.
Note: Some weeks you will notice that price will trade against my trend direction but will never break the market limits. That is just a sign that market is in a correction phase
** You can access all my Pistachio charts by clicking the 'PCP tag on my page
Comment: Going better than expected .. faster
Heading into the sell zone. We have to be careful with this pair.. so let's be patient
We are now in the zone. Let's start watching for signals
Comment: We can still sell. We need a signal. A turn of KS down on M15 is nice
Anybody is selling ?
Ichimoku_Trader Mohamed_Eman
follow this on the daily chart please
Mohamed_Eman Ichimoku_Trader
ok :)
I sold it at 138.64
Ichimoku_Trader Mohamed_Eman
good luck
be careful this pair is craaaaaaazy
Rejected 4 times
Ichimoku_Trader Mohamed_Eman
but once it's pierced, we can only expect the next move to be a deep retracement instead of an impulse. So consider hat please
I think we should wait for BOE
Ichimoku_Trader Mohamed_Eman
yes feel free to do that if you think it is the right thing to do
good luck
Mohamed_Eman Ichimoku_Trader
I just need your opinion :)
Ichimoku_Trader Mohamed_Eman
Yes I know..
My opinion is to always follow your gut .. it is the best indicator ;)
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