BO time again GBP - Yen

This chart a 30 min Cable chart shows Entries and exits
for the day.

The up arrows, are the buys and down are sells.

Most of the sells were from 0730 to 0830 this morning level 1.6680 - 1.6725

Typically I failed to act fast on the BO's on the basis the trend from BO's were, up.

Now I trade just the BO, and re-enter if trend is confirmed to have reasserted after initial break outs as many do not.
 

Attachments

  • 30 min Cable entries 30.6.09.jpg
    30 min Cable entries 30.6.09.jpg
    117.9 KB · Views: 152
One short gbp jpy on H&S

This chart a 30 min Cable chart shows Entries and exits
for the day.

The up arrows, are the buys and down are sells.

Most of the sells were from 0730 to 0830 this morning level 1.6680 - 1.6725

Typically I failed to act fast on the BO's on the basis the trend from BO's were, up.



Now I trade just the BO, and re-enter if trend is confirmed to have reasserted after initial break outs as many do not.

risk aversion reemerges I expect pressure on this pair. Declining head and shldrs pattern.

Short low of right shld

around 154 level if memory serves.

Gibber j
 
Top