OANDA:GBPJPY   British Pound / Japanese Yen
No trade at the moment but patiently waiting something to happen. on the upper side we have upper daily trend channel. so i wont take any Longs here atm. want to see a break of that channel and confirmed holding as a support then. But i would like to take Short if we can get some strong red candle out of this congestion area. we have room to the lower area or even to the yesterdays initial push to the upside. stay tuned
Nov 12
Comment: ok. we have potential to go S in near future. still not executing it
Nov 12
Comment: dail, H4,H1 all pointing down. patience.
Nov 12
Comment: and be aware that we also have pivot point right where last pinbar candle bounced off.
Nov 12
Trade active: Short at 140,15. not the best market structure, but small entry position can be build up later when confirmation comes.
Nov 12
Comment: Stop Loss--> 140,48
Should be enought for a test drive. We have also a bounch of news coming up for the GBP and this could be just the start of an avalanche to the S side. good options here.
Nov 12
Comment: adding more to the Short side.
Nov 12
Comment: well it just dont want to move. i Will be start closing for small profit or loss in next few minutes. if its not doing want you want just close it.
Nov 12
Comment: might re-enter later if i can see something useful
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