How about that move on the Guppy?

Hi all,

Just a quick post to show the current GBP/JPY trade we are in. Looking back on the chart this trade came at a time when the yen had been showing a lot of weakness while the pound had acting pretty strong versus all other currencies. To be honest if I traded off of emotions I would have been looking to go long in all of that excitement.

GBPJPY chart prior to entry

This one trade which has already taken profit at +241 pips and is close to taking another profit at +481 pips only happened from following my trading plan and taking the emotion out of trading. Price action alone is the way to trade – leave your emotions at the door.

Here is a look at how the trade is developing. A free trade with profit locked in and lots of profit already taken.

Open GBPJPY trade

Tagged as: British Pound, gbpjpy, japanese yen, price action, taking the emotion out of trading

  • Jean Claude
    How and when as a new comer on JCL's Forex can I get on this trade

    Thanks
  • We have trades just like this one all the time. Begin by taking all new trades as they occur and the Conquer will loss the bad ones quick and hold onto the good ones for you. In the Member Area you can see a list of the currency pairs we are watching for setup criteria and also the open positions we currently have listed to help guide you. Even better once a trade has exited it is then listed under closed positions to help you as you are learning.
  • Peter
    sir i need the complete version of this strategy
  • Martin
    BIG!!!Thanks Jordan, I am still riding that boat. What a trade.
    Blessings!!!
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