J_Graystone
Short

GBPJPY Fibonacci Inversion Trade at Market

FX:GBPJPY   British Pound / Japanese Yen
640 6 14
Although Im looking at a higher price to get involved in shorting this pair up at 158.40's (check my other linked idea), I thought I would bring this to your attention for anyone who trades the Fibonacci Inversion strategy.
At Market. Always a 2 to 1 R:R

Good Luck


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Good Morning .
What do you think GBP/JPY with way will go, am short from yesterday .
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snapshot
i am agree jason waiting for this sell setup since very long
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Wave-Trader PRO Wave-Trader
snapshot
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Jason, I've mostly focused on advanced patterns so far, but this is a strategy I would like to test in the future. Are there any videos explaining it?
I get the inversion part, but is that the only criteria for selling in this case? Aggressive sell at 1.618? And how do you determine stops? ATR?

Good luck on this one. :)
Kjetil
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TONY_UK Kjetil_Johannesen
Kjetil
Stapleton done a video on the Fib Inversion trade.. https://www.youtube.com/watch?v=6VGDzQ02JM0
Reply
Thanks, Tony. :)
Will have a look at it. I thought I had seen all his videos, but apparently I've missed this one.

Have a nice day.
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