GBPJPY – new short @ 172.32

GBPJPY – new short @ 172.32January 10, 201412.44 gmtTogether with cable, GY has also generated a sell signal. I am keeping my long open and have opened a separate short. I’m keeping my long since this pair will be pulled in two directions by UJ and GU, so it may not drop a lot and will recover strongly. But just in case it also drops 200 pips, I’ve got that covered with the short.Short $10/pip GBPJPY at 172.32. Exit at opposite signal.About these adsShare this:Email Print Facebook Google RelatedFrom → Trades

via Zen and the Art of FX Trading:

12.44 gmt

Together with cable, GY has also generated a sell signal. I am keeping my long open and have opened a separate short. I’m keeping my long since this pair will be pulled in two directions by UJ and GU, so it may not drop a lot and will recover strongly. But just in case it also drops 200 pips, I’ve got that covered with the short.

Short $10/pip GBPJPY at 172.32. Exit at opposite signal.

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GBPJPY – new short @ 172.32

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