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DECISION POINT: This could swing 100 pips either direction
British Pound / Japanese Yen
DECISION POINT: This could swing 100 pips either direction
By JaredJJohnson
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Nov 17, 2016
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Nov 17, 2016
Yesterday we had a GBPJPY trade that went well, we were looking for 100 pips, it went about 70 before turning aroud, still not a bad run.
Now looking closely at 136.75, this is a nice short term decision point for this pair, a break either direction could be good for 50-100 pips.
See the chart for details. As far as stops, a broker lower and I'll have my stop above 136.75, a break up and I'll have my stop around 136.50
CAD
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EUR
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GBP
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jpy
USD
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Another quick 100+ pips coming to a chart near you!
by JaredJJohnson
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