Real Time Trade: Short GJ
Long Trade Review -GBP/JPY
Fellow traders, I am sorry I couldnāt do this video last night. In here, I now review my current open long trade on the GBP/JPY which I traded last night and we are still on it riding it. We will see how far we can goā¦I also mention in my video when and at what price I foresee this current up trend to reverseā¦will we be right? only time will tell I guess
happy trading
Click Video: YouTube
Short G/J
As discussed in my video, I expected the G/J to go to around the 146.10-146.50 area (786 of the large down-swing), after forming a nice shooting star it appears to be holding on perhaps for an overdue retracement
We have now short it and see what happensā¦
note: we still can expect a rally higher since there has not been a RSI divergence in the higher time framesā¦like the 4h chartā¦
happy trading
ps I will post my open trade review tomorrowā¦or sometime over the weekend
REAL TIME TRADE: GBP/JPY Open Short Trade Update
following on
here is the video,
it is not too late to enter this trade which I traded at midnight last night on a Shooting Star. At about 4:30am (Oz Time) it formed also an Engulfing candle making it an overall Evening Star and Type D tradeā¦
happy trading!