Be careful going long on GBP/JPY

Posted by Forex Trading Easy
January 18, 2010

Daily:

4H:

We’re inside the bear flag yet, a breakout below 147 area is recquired first, for further down movements. Technically GJ is forming a BIG bearish bear flag on 4h.

My Analysis

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Comments

Thanks for your post!
Dear Sir,

Could you please give to me any materials to learn how to trade GBP/JPY?

Thanks in advance,

maxatkur83@yahoo.com

Comment by Maxat on January 18, 2010 @ 4:49 pm

yes right .. I am now in 137 pips red =( hope next week have increased slightly to reduce the loss ..

Comment by mizal on February 6, 2010 @ 1:16 pm
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