Disliked{quote} I'm not sure it's the craziest idea I've heard. I just posted today's daily update: http://www.forexmademillionaire.com/...oundup-772016/ And I think GBP/JPY longs could actually make sense. A test of 133.20 would make a lot of sense. That doesn't mean it must happen, it'd just make sense and probably be good for the long-term down trend. Taking longs here with a stop at about 129.00 provides a 1:6 risk/reward ratio. I think that's a fine trade, and have more details on my thoughts in that post. I just wish that guy,...Ignored
My breakout system signaled GJ has broke out of the low of 130.20 13 hours ago. Unless it is a faking the move. Personally I believe this is a true break out so I will wait until London open to confirm and will enter my short. Join me to ride this breakout. Stop should be above 131. lets rid this to the 125 area or lower