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.
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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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 PRO lawlee9
gotcha.
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