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Good Morning
Good morning all.
Last night saw some ferocious pullbacks after our GBPJPY trade fell 350 pips, and one I like this morning to continue in that vein is USDJPY.
Currently trading at 97.24 this could go 100 pips this morning.
We've already seen the breakout of the triangle. A cheeky one here and then add to it after a couple of red on the trigger.
Keep a close eye on cable and euro. If they fall this may go nowhere.
Stop would need to be at 97.00 so not a massive risk and with 100 point potential to the upside it's a 5/1 chance
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I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
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