Short GBPJPY

2024年1月4日

First Trade of the year. Looking to short GJ from 184.150. Reason being is following the release of COT data post Xmas, we've seen an increase in Pound shorting and increase in Yen longs from commercial/institutional firms. To play this bias out from the data my area of interest is here.

Confluences:
Daily 50MA
KL
COT Data in favor
Alignment to USDJPY

Catch you later traders

2024年1月5日

交易進行

2024年1月8日

註釋

Trade at +100, taken partials and letting the rest run.

2024年1月10日

手動結束交易

Trade ran a total of 140, took off 80% at 100 pips, closed the remainder at +30 (Break of Lower timeframe structure). I expected it to run deeper, but with the Nikkei surge in Asia today, GJ has now breached the high.