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High probability live trades

GBPJPY exploring a short sell setup near 128.20//128.40 SL 128.60 target 127.40//127.60.
Not finalized yet, but looks good to me atm.
I will update, if I enter this trade later.
why short initially into DB? Cause DB will very likely get a re-test to pick up more buyers.
Quoting asgcorp
GBPJPY exploring a short sell setup near 128.20//128.40 SL 128.60 target 127.40//127.60. Not finalized yet, but looks good to me atm. I will update, if I enter this trade later.
very true the DB setup , but maybe as you say there could be a new short leg into that DB and maybe a tad lower coz the Aug 12 low at 126.54 has not been taken out yet so :

today 's bottom 126.67
Aug 12 bottom 126.54

that could be an interesting area that could be re-tested
lets see what happens. I prefer short/long setup in GBPJPY so far. GBPUSD no idea, chart is messy.
Easier to get a read on GBPJPY now, imo and the moves are better x1.5-x2.0.
it's too bad noone is paying any attention to GBP index. It's got a decent gap overhead.
So all GU crosses might surprise with a major reversal...
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also USDJPY M15. noteworthy.
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Quoting asgcorp
GBPJPY exploring a short sell setup near 128.20//128.40 SL 128.60 target 127.40//127.60. Not finalized yet, but looks good to me atm. I will update, if I enter this trade later.
No go. Big/crazy pump in GBPUSD now. Staying on side lines.
Looks like DB is the real deal.
GBPUSD H1 update. Still valid, unless price closes above 2140.
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GBPJPY update:

V-shape recovery in progress.
No active trades.
Will review, once it's complete.
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second option. Either way max out soon and then pullback 150-200 points.
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my GBPJPY plan. SL/TP and entries - see chart. Entries are SELL LMT. Good luck, traders!
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GBPJPY above was adjusted, some orders pushed higher.
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SL/TP remain the same.
GJ orders pushed to the very top of the range on H4, based on USDJPY price action.
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you have guts to short GJ going into tomorrow
Quoting MXT
you have guts to short GJ going into tomorrow
risky, yes, but GJ not only driven by GU, also UJ. UJ is maxed out / or nearly so.
Anyway, I got this button just in case.
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GBPJPY epic dump soon. Just watch this space.
GBPJPY move is called unsustainable move. It will crash 200-300 points.
price/RSI div H1 GU, so it will pullback now.
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I might make adjustments to my GBPJPY position later. For now it's safe.
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