ViZiV

GBP/JPY (UPDATE)

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CAPITALCOMSB:GBPJPY   ポンド/円
So far, This pair is being relentless in it's effort to rise. I'm not going to chase it. But I still want to get LONG on this pair. I'm still waiting on my entries. Which will now need to be changed because the MEAN VALUE has now changed.

I can see here. Market spiked up and came right back down. First trapping the short traders just below the spike then trapping the long traders...
They're first stop has been hit on both sides. They will most likely try buy more at the current price. Producing more stop orders just below within the MEAN VALUE AREA that I can buy from. I will be waiting for my signal to take this market higher.
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