If one cares to know why the Yen is the ultimate Safe-Haven... ... here is a clue.
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...and
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... and I don't care if the Queen of England, herself, is buying the Pound!... You just make sure to sell her all she can handle!!
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Looking to SHORT this one... ... off of 137.00.
Trade active
SHORT
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Note
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This is ready!... ... to get on it's way to 115.00!!
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This is ... ... what a perfect entry looks like :-)
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Trade active
SHORT
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Trade closed: target reached
FLAT here, for the moment. +140 pips
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I probably shouldn't have marked this one - GBP/JPY - as a FLAT since this is just getting on it's way as The Premier Short Trade. (I, myself, just had to cut it close because I had 7-digits riding on this one - "fast money" :-) Will reenter at the earliest opportunity!
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EURGBP Chances are...
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To get on board; Chances are...
Trade active
SHORT
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A cardinal rule of trading; Be in profit by the next bar, on the time frame on which you have entered! - Otherwise the trade/entry is wrong. Move the Stops to Break Even here and enjoy the ride. (all 2200 pips of it :-)
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This is... ... one more, potential (even likely) scenario here, so keep this in mind.
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