DatTong
Short

GBPJPY, Sell countertrend.

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY             , Sell countertrend.
Comment: It's going on track
Comment: SL is put on the top of the previous Pinbar
Comment: Close your position for +50 pips or move your Stoploss for more riding if it breaks
Trade closed: target reached: Cheers for all who continues to hold for home run when moving stoploss to break-even and patiently wait
Thank you for the idea
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DatTong kiwising
@kiwising, you are welcome bro
+1 Reply
Thanks for sharing your idea on GBPJPY, I am bearish on it as well with a longer term view. GBPJPY reversed nicely off its resistance which is also a horizontal swing high resistance, 61.8% Fibonacci extension where we might see a further drop.
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Thank you
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Well as predicted the trades moved south!! We have an important news report coming out for the GBP in just over 2hrs. Let’s hope it’s in our favour :)
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trialing stop with 2 targets

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elionu elionu
@elionu, trade closed reached target,

thanks DatTong for spotting this.

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@elionu, cheers bro!
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I am a little concerned why the currency pair hasn't fallen as of yet? The bulls and bears are fighting it out and at the moment there is a lot of strength to the upside
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My SL is 149.550 and trade has triggered. I usually put stops abov4 previous highs going back a month or so. It's hard to know where to draw the line I find.
+1 Reply
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