GBPJPY: Short aiming for 200 pips

2 oct. 2017

Ok, this is an easy setup. Now why am i shorting right now right here. Because i am also looking at other GBP pairs, and they are all looking very heavy.
Especially GbpChf also made a nice SHS pattern and broke lower. I'm looking there for a small bounce to short it too.

Blessings to you.

Edit: I'm sorry while typing it fell almost 30 pips, i could not post it earlier, but there is still a good chance for a move above 150 before falling.

2 oct. 2017

Note

Notice the 38% fibo retracement coming inline with 148.00 support area.

2 oct. 2017

Note

GbpChf trade triggered:
Sell 2932 Stop 3005 Target Limit 2800/2750

3 oct. 2017

Trade fermée manuellement

Exiting GbpChf for 30 pips profit.

3 oct. 2017

Note

Took off 50% of my gbpjpy position for a 100 pips of profit. Letting the remaining position open for now.

4 oct. 2017

Note

GbpJpy is proceeding as expected. It broke the 149.25 shortterm swing low, and now i am moving my stop to breakeven on my position.
Target is still seen around 148.

5 oct. 2017

Trade fermée: cible de profit atteinte

+175 pips enough for me. i am closing this position for nice profits at 148.50.