B1GFUDG3Y
Short

What do you think ?

OANDA:GBPJPY   British Pound / Japanese Yen
Let us know below, Head n Shoulders ? Range bound to breakout ? Resistance breakout ?

Comments

Have you ever looking into smart money concepts or institutional trading ?
+2 Reply
Definitely like a Resistance Breakout.
+2 Reply
This pair will go up at least next week , today GBP was weak because of GDP -20 , this was expected but they just made this news so big that all retailers short GBP , may be I’M wrong , but to predict next big moves for GBP you have to watch what will be the next steps of BOE , and if UK will reach or how big are chances for UK to reach a deal with France to keep both catch fish in the UK sea . This will be next step for UK to take a good deal with EU . And price action on this pair is bullish . Market is moving by bots (HFT) patterns not working anymore , when these work is just luck not more
+1 Reply
B1GFUDG3Y HEISEN001
@HEISEN001, Awesome that could explain the increase on UKs index today
Reply
Price is Bullish AF and you're trying to sell it?? Look at what price is telling you, not what you think it's telling you.

Price is making HH HL, trade off of what you see happening not what you think will happen. My advice is cut your losses short, eait for a support to form on the LTF and take buys to 140
+1 Reply
@Guy134, hahahaha someone woke up on the wrong side of the bed today. Well your barking up the wrong tree kid. Im not even in Gbpjpy i was sharing my thoughts and asked what people thought? I don't know how you got that assumption. But if it makes you feel better im in 2 gold sells from 2034, 1 gold/aud sell from 2824 and 2 EUR/AUD sells. At the time of this i was also in Nzdjpy buy. Now take your attitude and assumptions elsewhere.
+1 Reply
Guy134 B1GFUDG3Y
@B1GFUDG3Y, I didn't say you were in the trade. Do read my comment again, my simpleton friend :)

You asked for thoughts, I shared mine. If you can't take constructive criticism, the market will destroy you.

I wish you all the best in your trading.
+2 Reply
@Guy134 yeah you said your trying to sell it assuming a little drawing pointing south indicates im in the market. Do read the book before you judge the cover kid.
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Guy134 B1GFUDG3Y
@B1GFUDG3Y, Get over it
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finally it touch the stoploss
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