OANDA:GBPJPY   British Pound / Japanese Yen
this was a fantastic trade looking at the psychology behind why this trade was taken in the first place we look left and see just before this trade we had 3 high top area, 2nd taking out the last high then dropping or if we trade supply or demand you will understand what this was doing IE filling more orders up so in this case comes back taking the retailers out the trade to then push the markets back down again,so what do we have here again ? the same events taking the retailers out and grabbing more short orders again and breaking a new high catching other traders on the wrong side of the markets.


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