Thanks for sharing,
Could you tell us why is this pair characteristics that makes it as good as the GBPJPY use to be?
Do you also have a personal journal showing these trades?
Regards,
Vlad
Could you tell us why is this pair characteristics that makes it as good as the GBPJPY use to be?
Do you also have a personal journal showing these trades?
Regards,
Vlad
DislikedFor those interested, i have been using Gregs approach for maybe 2 or 3 years and in that time gbp/jpy behaviour has changed -but for the past 6 months or so i have added gbp/aud, and i believe that this pair offers up good opportunities using Gregs strategy and the average daily range is cloesr to 150 pips or double gbp/jpy of late.
Worth looking at i think if your still looking for 100pip trending momentum opportunities between support and resistance. It also reacts strongly to the daily pivots - and has fairly strong daily trends.
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