Hello everyone,
GBPJPY has taken a nice break below the red trendline since Tokyo open. It is finding good support at 143.33 for now. I'm not in any trades right now, as I have mentioned before, I like to watch the market to see how it will settle in to start the week. If I do make a trade, it is much smaller than my normal trade size, the stop is tighter and I will take profit quicker. I treat it more as a scalp.
I'll check back in later. I know Tatton likes to wait and see what the markets does before he jumps in too. Hopefully he is feeling bettter after the weekend.
GBPJPY has taken a nice break below the red trendline since Tokyo open. It is finding good support at 143.33 for now. I'm not in any trades right now, as I have mentioned before, I like to watch the market to see how it will settle in to start the week. If I do make a trade, it is much smaller than my normal trade size, the stop is tighter and I will take profit quicker. I treat it more as a scalp.
I'll check back in later. I know Tatton likes to wait and see what the markets does before he jumps in too. Hopefully he is feeling bettter after the weekend.