GBPJPY has Sentiment. What does that mean? it means all the signs and all the indicators are showing higher price for this pair today.
So I am not very enthusiastic about my short BUT my risk is only 15 pips so what the heck right lol
my buy set ups I have a BUY Stop order above the higher hi of today
I am also setting up a buy limit order 127.30 -/+ level.
Thats fib 0.5 / MA 55 / MA 100 / MA 21 / and major Support
Stop loss below today's low
TP again fib 1.414 level and last
I like this set up best
Lots of pips not much PIPS to loss
not the limit order will Hold on to limit order a little longer
Dont Like the 2 pin bars CLosed the order