GBP/JPY 500-pip moves! | Forex Factory

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GBP/JPY 500-pip moves!

  • #1
  • First Post: Edited 7:44am Sep 17, 2015 7:20am | Edited 7:44am
Hi I'm Virg I'm fairly new to trading and fairly new to Forex factory ...

During my limited time in trading i did pick up something significant about the GBP/JPY

ON A bid DAILY CHART I HAVE NOTICED THAT THE PRICE OF THIS CURRENCY PAIR TENDS TO MOVE IN MULTIPLES OF FIVE (500 PIPS)

So I'm starting this thread to see if a system could be developed to take advantage of these price moves

all ideas and imputes welcome
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SLOW PROGRESS BETTER THAN NO PROGRESS - Self
  • #2
  • Sep 18, 2015 9:13am Sep 18, 2015 9:13am
oh man....cool
you're a genius it's multiples of the old atr 245 pips...too I like this
  • #3
  • Edited Sep 20, 2015 1:24am Sep 19, 2015 11:53pm | Edited Sep 20, 2015 1:24am
Please carry on , South African
  • #4
  • Last Post: Sep 21, 2015 5:25am Sep 21, 2015 5:25am
Hi

Looks if you have some thing to work on, get some more stats. Great view of things.
He who fears being conquered is sure of defeat - Napoleon Bonaparte
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