GBPJPY - Tricky Japanese YEN
TWO weeks left for month of June. Big volume becomes easily pump to the market via funded traders. Liquidity is the key factor to move the market whereby the manipulation happened.
Becarfull of the market movement, it may take all your equity before plunge to pullback. YEN weak to make a big move as BOJ stick to the decission as neutral player in the market. But pullback may generate sentiment to the institution based on volume.
I suggest you to do comparission with your mapping, based on your strategy. The way Instituition look at the market are difference from us as retail traders.
Becarfull of the market movement, it may take all your equity before plunge to pullback. YEN weak to make a big move as BOJ stick to the decission as neutral player in the market. But pullback may generate sentiment to the institution based on volume.
I suggest you to do comparission with your mapping, based on your strategy. The way Instituition look at the market are difference from us as retail traders.
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