GBPJPY WEEKLY UPDATE
hi all
I'm still slightly bullish on the GBP/JPY trade. I've hit sl and breakeven a few times and also missed a trade. Fundamentally, I believe the market is still buying phase and not a yen phase yet.
Perhaps once there is a clear understanding of ufo, long yen will begin. hahahahhahahaha
I am thus closely monitoring the gbp/jpy resistance level and waiting for the point at which I feel like taking a risk.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
I'm still slightly bullish on the GBP/JPY trade. I've hit sl and breakeven a few times and also missed a trade. Fundamentally, I believe the market is still buying phase and not a yen phase yet.
Perhaps once there is a clear understanding of ufo, long yen will begin. hahahahhahahaha
I am thus closely monitoring the gbp/jpy resistance level and waiting for the point at which I feel like taking a risk.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
waiting