GBPJPY Sell Short

British Pound/Japanese YenFXCM

Description

⋅ Nov 21, 2019 1:15 PM

Selling GBPJPY

140.80

Stop 141.18

Target 132

This has now made the big corrective swing I was looking for to set up a possible big trend leg down.
See linked idea.

Comments

whatthefx

⋅ Nov 21, 2019 7:44 PM

Adding GBPJPY
140.20
Stop 140.32
Target 132

whatthefx

⋅ Nov 21, 2019 1:20 PM

Can double an account using small risk if this trade works out.

Strong ping swing.
Stalling 61.8 spike out.

Usually when this sets up like this the drop is a single one day move (can happen in 30 mins or so)

So all we have to do is be short, and be patient. We can risk a tiny little bit to gain a lot.