FX:GBPJPY   British Pound / Japanese Yen
167 2 10
I posted a little bit ago i was looking for a short on the GJ correction but it never happened so I ignored the set up and looked for more. I think this is another shot at it as we have a ncie fib line here and trend line just above that. Would just like to see a move halfway to the full downside of the pattern. Ill be happy with a couple of hundred. Again because market is not open, mind the gap upon the opening bell and look for good entry points, if they do not present themselves dont waste your pips.
Comment: Couple hundred pips up on this, i think ill put stop at +100 pips and see if i get grab a runner
Comment: Things looking good still, another trend line down.
Comment: these longer trades are boring sometimes, moving my stop to above .5 Fibo line.
Comment: still going strong
Good analyse man, I am short . Good luck
+1 Reply
Art-of-FX FxRanger
thanks mate
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