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
See you in the room this morning at 8am British Time!
Good Morning .
What do you think GBP/JPY with way will go, am short from yesterday .
Wave-Trader
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i am agree jason waiting for this sell setup since very long
Wave-Trader
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Kjetil_Johannesen
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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?
What do you think GBP/JPY with way will go, am short from yesterday .