Reference :
A : I made a call that if a report comes out that says a deal have been made or any sort of progress, then Sterling was a currency I would buy against the Yen. I made a intraday target around 152.996 (it's 153.00 really..)
B : Report came out that a good progress was made and the Sterling rallied. ( www.forexlive.com/ne...o-be-agreed-20171204 ). GBPJPY barely tested the levels I marked earlier that day. I WAS NOT IN THIS TRADE as when it happened I was out cleaning the kitty litter (TMI?) and when I went back at my trading desk, GBPJPY have reached just few pips under 152.996 (153!) which happens to be the pair's year high (I didnt get that when i was making the trading plan... NOOB!)
C: The deal apparently wasn't strucked ( www.forexlive.com/te...talks-today-20171204 ) . Down she goes...
Whats next? : I am still intrigued with this story and still looking to trade this pair (or any Sterling pairs) should there be development on the Brexit talk (with EU and Northern Ireland)
A : I made a call that if a report comes out that says a deal have been made or any sort of progress, then Sterling was a currency I would buy against the Yen. I made a intraday target around 152.996 (it's 153.00 really..)
B : Report came out that a good progress was made and the Sterling rallied. ( www.forexlive.com/ne...o-be-agreed-20171204 ). GBPJPY barely tested the levels I marked earlier that day. I WAS NOT IN THIS TRADE as when it happened I was out cleaning the kitty litter (TMI?) and when I went back at my trading desk, GBPJPY have reached just few pips under 152.996 (153!) which happens to be the pair's year high (I didnt get that when i was making the trading plan... NOOB!)
C: The deal apparently wasn't strucked ( www.forexlive.com/te...talks-today-20171204 ) . Down she goes...
Whats next? : I am still intrigued with this story and still looking to trade this pair (or any Sterling pairs) should there be development on the Brexit talk (with EU and Northern Ireland)