You’ve all head the story of the Bulls, bears , and pigs..., you’ve herd that one before I’m sure!
Bulls make money!
Bears make money!
But pigs get slaughtered!!
Here is another Forex Trading Snack.
GBPJPY along with I think every GBP pair ripped higher today in the markets. Good news on the Brexit front, or just good rumors to spark traders into positioning...
GBPJPY is offering up a nice looking EW 5 wave setup pattern. From current levels it could, if it plays out deliver 50-80 pips with a well defined stop loss. The small pink line is my choice to play should price break down. With stops around the 131.00 round number. My orders are stop sell orders on this one.
My reasoning for this kind of order is simply this...
I...
