GBPJPY Long Term Swing | Trading Zones

١٧ يناير ٢٠٢٤

Hey Traders,

After UK Data today you have seen a further rise in GBPJPY. The momentum comes as people swap to a GBP bias over JPY.

This poses the question; how to manage it and where to potentially short it. It is very important in many cases, especially on YENS that you do not rush in.

You can get burnt and burnt badly on significant long term rallies.

Watch For More.

١٧ يناير ٢٠٢٤

ملاحظة

Light shorts, main bias higher.

١٨ يناير ٢٠٢٤

ملاحظة

Continued into today. Never rush in.

٢١ يناير ٢٠٢٤

ملاحظة

Still not in after impulse. awaiting longer term high beat / move.

٢٢ يناير ٢٠٢٤

ملاحظة

Keeping tight note on BOJ later.

٢٤ يناير ٢٠٢٤

ملاحظة

Re shorting pushes back to repeated resistance (new found trend forming)

٢٩ يناير ٢٠٢٤

ملاحظة

Maintaining bias ^

٨ فبراير ٢٠٢٤

ملاحظة

Further Re shorts (light higher)

٢٩ فبراير ٢٠٢٤

ملاحظة

Exit re shorts for gains.