GBPJPY Long Term Swing | Trading Zones

17 ม.ค. 2024

Hey Traders,

After UK Data today you have seen a further rise in GBPJPY. The momentum comes as people swap to a GBP bias over JPY.

This poses the question; how to manage it and where to potentially short it. It is very important in many cases, especially on YENS that you do not rush in.

You can get burnt and burnt badly on significant long term rallies.

Watch For More.

17 ม.ค. 2024

บันทึก

Light shorts, main bias higher.

18 ม.ค. 2024

บันทึก

Continued into today. Never rush in.

21 ม.ค. 2024

บันทึก

Still not in after impulse. awaiting longer term high beat / move.

22 ม.ค. 2024

บันทึก

Keeping tight note on BOJ later.

24 ม.ค. 2024

บันทึก

Re shorting pushes back to repeated resistance (new found trend forming)

29 ม.ค. 2024

บันทึก

Maintaining bias ^

8 ก.พ. 2024

บันทึก

Further Re shorts (light higher)

29 ก.พ. 2024

บันทึก

Exit re shorts for gains.