"GBPJPY Bearish Continuation Trade Update" di JasonGraystone su FX:GBPJPY

So as expected we had a bounce yesterday as we would have seen profit takers and counter trend traders buying up this pair but now we have a clear beak down as predicted.

We can now look for that pullback into previous support which should provide resistance.

Many of you asking why i wasn't looking to buy instead. The simple answer is 1) I would not have looked for a bullish opportunity in a bearish market. 2) I always want to wait for market to come to me where i know i have a high probability of being right. Not only that, but i gain much more when i am right than when i am wrong.

If you are interested in this type of analysis and REALLY want to take your trading to the next level, why not come into our trading room for a FREE week?

One of our clients wrote to us yesterday - See this link

Good luck in the markets this week.

See you in the live room later this morning!

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.