lawlee9
Long

GBPNZD - If Brexit doesn't happen, we're going to see 4500+ pips

FX:GBPNZD   British Pound / New Zealand Dollar
71 4 6
Large 5 wave pattern on the weekly. 4th wave isn't complete yet based on the 5 wave formation happening on the lower scale (the I series). The I4 just completed, so we should see a move higher to make I5 granted brexit doesn't happen. This is obviously high risk because brexit can change everything, but if things go accordingly, a long can be very fruitful on this pair.
Excuse me I thought title is GBPJPY....ooops. But lets chat a bit GBPJPY then...
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lawlee9 gcplau
not really on that pair. staying away from GBP pairs until after the referendum. This just looked like a really good opportunity, so I threw it out there. But even this I'm going to stay on the sidelines until after the referendum. Just wanted to point it out.
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gcplau lawlee9
gotcha.
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Gotta agree with you on this one .. again! What about this, if before BREXIT announcement, we got either GBP138 or YEN102...long half short; if it goes wild to GBP103/YEN100 ; long another half. Set a SL 500pips below and PT750pips above. If it's exit, you have to sit through the down then up cycle; if exit fails...vola....pyramid or trail up all the way w/ PT secured and incrementally upward. What do you say?
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