Friday
Today is the last trading day for this week, Im focusing on Technical Analysis as im not good at Fundamental.
From point of view, GBP/JPY is currently in an uptrend supported by EMA (7.
There is support at 209.00 and the price movement is ranging between 209.30 to 210.50
I entered a buy position at 209.78 with stop lost at 208.50 (128pips) and my TP value at 213.30 (348 pips).
EVERY TRADE IS RISKY AND ALL VALUE HERE IS BY PERSONAL ANALYSIS. Make sure u put your stop lost to prevent from more losses if the trend change.
Thursday, June 12, 2008
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