Tag Archives: GBPJPY

Breakout trade setup on $GBPJPY #forex

The longer term price trend on the GBPJPY is bearish, however over the last month the price has been in an upward trend. In the following video, alert based trades have been set up to capitalise on a change of … Continue reading

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18.6 pips loss on the $GBPJPY #forex

Following on from the previous trade set up video on the GBPJPY, the price hit the support trend line executing a ‘buy to open’ trade. The price subsequently broke through the ‘stop’ trend line and the long buy position was … Continue reading

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Channel trend line trade set up on the $GBPJPY

I’ve just set up a channel based trade on the GBPJPY currency pair. The objective is to trade between parallel support and resistance trend lines, with a ‘stop’ trend line that will be used to switch to a short position … Continue reading

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