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Gbpjpybullish

GBPJPY Holds Above 140.69 LevelSignposts summarized key chart details. Sell off from the 141.24 level continues to weaken. While 140.69 is a rather minor level, price is holding on this week's open. Pound traded higher despite Brexit news, which is expecting to hold given current price action. Aiming to see 141.24 resistance invalidate over the next couple of weeks. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Long
by FinancialGamblR
GJ Buys 05/10/2020 -- UpdateAs I have already had a very good day, I decided when GJ broke resistance to use the 15m timeframe for confirmation, the reason being I had a lot of profits to use as leverage. When support formed on the 15m, I took a buy entry as the new 15m candle broke the high of the previous candle, with stops below that candle. As price went up into 10 pips profit, I secured my entry and moved stops to the low of 15m candle where I executed my trade. We then tapped into the next area of resistance and there I secured more positions and moved stops to BE. A runner is still running and will be updated when it's closed.
Long
by rhf_fx
Widow-maker Bullish To 133.00| 26th May 2020"When the dragon meet the balls, make your wish.. -Zezu Zaza Webinar 6th May 2020 This is my favorite pair scalping and swinging. Most of the time, I do not suggest this pair to the novice traders. I grew up with this pair. I do not traded EURUSD and USDJPY because it was slow in volatility. I normally used EURUSD and USDJPY as a reference to other currencies only. I do not trade EURUSD and USDJPY because it is a victim currencies. Sometimes yes when I see clear potential view but mostly I dont. I also do not suggest GBPJPY to novice traders unless if your skills trading is professional enough. Only professional traders and professional scalpers traded the widow-maker. When I wrote the diary, I do not sugar coated in my speech. Truth is always hurt to hear but it good for you. Always sugar is sweet for us but it provide tooth decay in the long term. Why people do not trade GBPJPY? I always gets a sceptical looks when I say I traded GBPJPY on others traders. They always trade EURUSD and USDJPY and I always abide the EURUSD and USDJPY. You see it is different level on the next level of trading. I do not trade victims currencies because I will be next victims to loss the money. Every trading use US Dollar as an exchange. I dont want to put myself in or put my money into. Be smart. GBPJPY has the power. When I say power, it mean volatility. Yes I always agree to other trader that says GBPJPY is an epilepsy currency. Indeed they are truth and I agree with their opinions. My first currency traded is GBPJPY. When you used to trade the hard currencies and you make it, you will feel no thrills and challenges when you trade other currencies which is slow in movement. I always suggest to my trader than 'always exercise your muscle train it with a heavy duty dumbbells' Why? It gives you experiences you need. The tools to survive in trading. This is what my father told me when I was a child. 'Always train your brain with math and exercise. Brain is like a muscle. The more you pump your muscle, the more useful it gives' The huge movement in GBPJPY rewards you but you need to be discipline,perfect timing entry and patient. When I see the chart of daily, I saw an ice-cream. This ice-cream is a sign of potential robust bullish movement. Do you want to know and learn the ice-cream movement? It is not a pattern but it is a movement. I meet you at 133.00. See you at the top. Thank you. Regards, Zezu Zaza 2048
Long
by Zezu_Zaza
GBPJPY Setup: Buy Or Sell Are Both Equally PossibleHi there. I'm looking at possible Bullish move for GBPJPY 4H. It seems like Triple Bottom pattern and price could try to break the neckline (upper black line). If it does, then we can see a Bullish movement from there. Price is currently at Weekly Support. I'd BUY if it breaks the top black line. It still needs confirmation. Tomorrow got GDP data release on GBP so please be careful as it will give an impact to GBPJPY. TAYOR and all the best traders! KHALID HAMID
by tfspriceaction