GBPJPY
this time I have an idea for the GBPJPY. In the very short term it should bounce off the 50%/SR/value zone, so it's a triple confirmation for an energy point that should be tested. If it does with a nice price action I will enter a buy looking for 40-60 pips. The only minus in this trade is the day of the week: Friday.
I don't like to trade on Fridays, I don't like to leave trades open over the weekend, I already saw huge losses on Monday due to weekend gaps and stuff, so I prefer to bake my Saturday bbq nice and relaxed.
Happy Valentine's !!!
LG
this time I have an idea for the GBPJPY. In the very short term it should bounce off the 50%/SR/value zone, so it's a triple confirmation for an energy point that should be tested. If it does with a nice price action I will enter a buy looking for 40-60 pips. The only minus in this trade is the day of the week: Friday.
I don't like to trade on Fridays, I don't like to leave trades open over the weekend, I already saw huge losses on Monday due to weekend gaps and stuff, so I prefer to bake my Saturday bbq nice and relaxed.
Happy Valentine's !!!
LG
Comment:
up 20 pips!!! take some profit and let it run on break even, remember it's Friday and market closes soon
Comment:
at 50 pips you should've taken more profits or close the entire position.