TradingView
BloomFisher
12 lug 2018 09:25

GBPJPY | APPROACHING DYNAMIC RESISTANCE - POTENTIAL DROP!! Short

British Pound/Japanese YenFXCM

Descrizione

Hey Everyone,
Yesterday was a volatile day for JPY and US Dollar pairs as US Dollar Keeps strengthening up where as Yen got weaker after Asian Market opens in a negative, it gives us an opportunity to trade JPY Pairs but it's quit risky ATM to find a reversal point as market is driven by cumulative to stocks
In short is pretty hard to Identify wheres the next stop for JPY in order to gain strength due to Trade war that is going on (and yes it do affect)

Currently British Pound is sideways not much of an hawkish experience just a small momentum so based on Technical analysis we'll be trade GBPJPY by shorting this pair at 150.060 as it holds the Strong Resistance barrier, quit possible only if it remains Overbought just to stay safe we'll be trading with a pending order with these preferences,

SELL LIMIT - 150.060
STOP LOSS - 151.163
TARGET - 147.079

another trade will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+

Trade attivo

PLACE another Trade (Small one)

Trade attivo

Another Sniper Shot running with (+90 PIPS) of Profit!
Trade 2 on GBPJPY
Don't forget to HIT LIKE and let me know how much you made
in the comment section below, Cheers!

Trade chiuso: obiettivo raggiunto

UPDATE GBPJPY TRADE2 - Close Now with (+120 PIPS) of Profit!
Commenti
hermocrates
how do i interpret where the stop loss and take profit is from this your recent chart?..
sorry to be a bother i'm new to forex
BloomFisher
@hermocrates, Check this Image it has all the STOP LOSS and TAKE PROFIT Ratios available (Invest small in this one)
awsmax2
Good spot!
BloomFisher
@awsmax2, Thanks!
UnknownUnicorn1039311
Do you have one trade still rolling right ?
BloomFisher
@Agomes.asg, No just closed one with (+120 PIPS) of Profit, the other is Pending order!
VinodSharmab4
Bloom Fisher whats your take on Gold----should I buy at these level
BloomFisher
@VinodSharmab4, Mixed approach because of DXY!
Altro