GBPJPY long, short term trade
Updated
GBPJPYthis time I have an idea for the GBPJPY. In the very short term it should bounce off the 50%/SR/value zone, so it's a triple confirmation for an energy point that should be tested. If it does with a nice price action I will enter a buy looking for 40-60 pips. The only minus in this trade is the day of the week: Friday.
I don't like to trade on Fridays, I don't like to leave trades open over the weekend, I already saw huge losses on Monday due to weekend gaps and stuff, so I prefer to bake my Saturday bbq nice and relaxed.
Happy Valentine's !!!
LG
Comment
up 20 pips!!! take some profit and let it run on break even, remember it's Friday and market closes soonComment
at 50 pips you should've taken more profits or close the entire position.
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