Updated Idea on GBP/JPY

11 thg 9, 2020

Due to GBP hitting that support level after the big impulse downward, I'm looking for GBP/JPY to push higher to around 139.000-140.000 range before it makes the decision to push further up or make the big drop back down.

11 thg 9, 2020

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GJ is in a big determination zone. Those engulfing candles on the 30 minute, 15 minute, and 1 hr during london session when GJ was determining direction were crazy if you were up to see them. I went from +40 pips in profit, to - 60 pips, back to +20 pips, all durng the course of listening to a podcast. hopefully it has made up its mind and stop whipsawing back and forth. I tend not to use SL's because normally I'm awake to monitor whats going on, but use them as areas that I want to be aware of. If I would have used it I would have gotten stopped out