A journey with GBPJPY, GBPUSD and USDCHF - page 2

 

EURUSD is flat, so we have to wate for Take Profit. GBPJPY is more and more overbought. We are really near to the retracement, and so to the Take Profit.

Remember, today most of European Banks are closed, so the volatility is really low. If you don't have open position it's better not to open one.

SHORT EURUSD 1.3240

TP 1.3190

Profit: pips

Max Drawdown: -145 pips

System Profit: 122 pips

SHORT GBPJPY 145.65

TP 144.00

Profit: pips

Max Drawdown: pips

System Profit: 122 pips

Files:
eurusd_4.gif  28 kb
gbpjpy_3.gif  32 kb
 

gbp/jpy- Unfortunetly I have stopped trading

Looks like gbp/jpy lost volatility and short term trend for day trading with 5 to 8 pips spread. Even eur/jpy or gbp/usd does much better in following trend. So, I shall trade with those.

Reason: