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Perhaps the is a very profitable trade wiyh GBP/JPY

templario Posted 28 Mar  in #GBP/JPY #Risk To Reward Ratio
Yesterday the GBP/JPY broke a resistance level at 169.70.The initial up movement was then stopped loking like a fake out.But the former resistance level became a support ( role reversal level ) holding nicely the price,look at 1 hour timeframe.The next bullish movement seems strong enough to get a very nice profit,remember this pair is like a Ferrari
My suggested trade is to enter at 170,30 when yesterday 's high is broken,place your stop loss below the role reversal level,169.50,and take pr…
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GBP/JPY voy short

templario Posted 11 Mar  in #GBP/JPY #Opinión Contraria
Veo al par GBP/JPY bajista.
A día de hoy esto puede sonar temerario.Las expectativas no favorecen la apreciación del yen,el crecimiento económico de Japón se espera que sea moderado y el BOJ sigue con una política monetaria laxa para acabar con la deflación.
Y voy yo y se me ocurre llevar la contraria al establishment de los analistas fundamentales.
¿ Conocen el libro Sentiment in the Forex Market: Indicators and Strategies to Profit from Crowd
Behavior and Market Extremes ? Jamie Saettele es el…
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