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KVE
Jan 6, 2016 6:00 PM

GBP/JPY UPDATE: Second attempt at a long... Long

British Pound/Japanese YenFXCM

Description

The previous long was no good. A new opportunity might be coming up.

The downtrend is strong so switching to smaller timeframes and waiting for PA confirmation of a reversal is a good idea!

Tight SL!

Trade active

SL triggered on the buy order, re-entered manually @ 172.00, was up 100 pips in 2 hours...., now stalling:

Comment

Tis idea from tntsunrise (tradingview.com/u/tntsunrise/) re-assured me of my thought:

Comment

Sorry, correct link for tntsunrise's idea:

Trade closed: stop reached

50% profit at 1.73, stopped out at BE, next stop is the trendline!
Comments
naxis_ac
really good drawing
KVE
Thanks! I do my best ;-)
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