British Pound / Japanese Yen

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British Pound / Japanese Yen forum


GBPJPY Does it look like a weakening trend?
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GBPJPY this is a magnet for price when market opens !! Im not to big on patterns but an inverted head and shoulders has formed .. Really just care about the perception of the humans trading the markets and where their emotions are fear or greed .. That will help us determine what our next move is ..Remember don't be the normal traders normal always loses .. Either think like the 1% or don't think like the 99%
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GBPJPY Alright good ppl. Sold GJ at199.585 on 8/14 (a lil off cause it's manual entry) No confirmation on this push up for a buy. Holding over the weekend and til my playbook says we buying. Solo Naked trading (my own plan), stop loss set, manual entry/exit. Down -6 pips let's see what this playbook about. Previous buy rode for about 411 pip. Only got 271 after allowing 8/10 gap and outside influence shake me. Let the market talk but pay attention cause it will bite. We shall see when it's all said and done

GBPJPY

GJ – Overall bullish, but I’m waiting for OB mitigation before joining the buy side.
Until then, sells can be taken — I’d rather not be part of liquidity grabs.
Popcorn and chill mode activated. 🍿
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GBPJPY Congratulations to those who followed my GJ setup! Here’s our next plan — it’s quite risky but a potential zone worth taking the chance for with a 1:5 R:R.
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GBPJPY I'll keep an eye out for another possible sell entry from this supply zone. Fingers crossed during the NY session......
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GBPJPY The 4-hour trendline is on the verge of breaking! If it closes weekly in the red, it will create opportunities for sellers, leading to a bearish month-end as well....
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