GBPJPY has been great to us of the past few weeks.
Staying on one side of the market buy calculating Daily the strongest and weakest of the Major Currencies has helped us maintain our edge using proven Statistics.
GBP has been ahead of the pack for several weeks and has been increasing its strength daily over the other Majors.
146.560 has proved a great target...
As I have already had a very good day, I decided when GJ broke resistance to use the 15m timeframe for confirmation, the reason being I had a lot of profits to use as leverage.
When support formed on the 15m, I took a buy entry as the new 15m candle broke the high of the previous candle, with stops below that candle.
As price went up into 10 pips profit, I...