-Andrew-

GBPJPY - Fakeout of Inside Bar?

Short
-Andrew- Updated   
FX:GBPJPY   British Pound / Japanese Yen
7
I have an open position @ 134.968 - This pair has currently broke a major support. Will confirm at the close whether to do a sell setup or consider it as a fakeout move and take profits.

Comment:
Wait and see for now....


I wouldnt be buying nor would be selling for the moment. Watch the presidential debate between Trump and Clinton. If Trump is more likely to win, we could see a rally in Yen.
Comment:
Second entry @ 130.853

Comment:
Clear rejection at key level

Comment:
Took off 1/2 of 2nd Entry 82 pips and moved SL to 130.853

Comment:
2nd position stopped out at b/e - Booked half profits - Trade still active on 1st position
Trade closed manually:
Closed this long term trade -

With a total of 430+ pips (1st and second entry)
Trade active:
Shorted this pair on a lower TF @ 132.067 (2 positions)

Took one off for 100 pips

SL placed on b/e

So long this is below 132.240 - I will be shorting it again.

Comment:
Retest of broken structure and @ 0.618 Fib

Comment:
Position @ +110 pips

130.350 is a strong support
Comment:
Shorted again 131.221
Comment:
Comment:
Took profit from 131.221 entry for 98 pips


Another position remaining at 132.067
Comment:
SL trailed to 131.350
Comment:
Trade closed manually @ 130.812

Entry 1 @ 132.067 (125 pips)
Entry 2 @ 132.067 (100 pips)
Entry 3 @ 131.221 (98 pips)
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