GBPJPY SCALP and Others

Aug 02, 2020 at 14:53
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10 Replies
Member Since Apr 30, 2018   11 posts
Aug 02, 2020 at 14:53
GBPJPY is one of the volatilize pairs. Some time you can saw 150 -200 pips movement on that. this condition provide a prominent security for different trading system. One of those systems is SCALPING. Scalping in means is a way input fast and out fast from market with small stop loss or take profit.
In my way base on pivots and lines input on market and out with small TP or SL.It is my pleasure take your advise for better performance.
thanks
omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 02, 2020 at 16:06 (edited Aug 02, 2020 at 16:10)






Analysis picture for 15min and 5 min and 1 min

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omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 03, 2020 at 04:36
GBPJPY in 5m time frame has a triangle pattern and good opportunity for buy wth small SL.for long it is better wait unti trend line in 1m chart broken and wait upper hat for a bit time







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omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 03, 2020 at 09:54
triangle pattern break out in lower side and fail previous analysis and your target is lower side of new pattern



this pattern draw previously

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omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 03, 2020 at 13:31
price touched lower side of pattern and return to up. current target is drawn trend line




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omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 03, 2020 at 16:27
price touched trend line and return from this target




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omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 05, 2020 at 05:53
price is in a drawn pattern. we must be pay attention two trend line is in the way. it seems upper line is more probable for touched and shape a triangle pattern



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omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 05, 2020 at 07:47
targets touched and upper line of triangle pattern touched.




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omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 06, 2020 at 06:59
Another triangle pattern created in GBPJPY. some times price reminded behind this resistance . if this resistance broken we can see a huge movement.




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omid_tavakoly@
Member Since Apr 30, 2018   11 posts
Aug 06, 2020 at 12:10
New pattern is in chart. Currently lower line of chart is target. After touched can input in long with small SL.




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omid_tavakoly@
Member Since Mar 18, 2019   98 posts
Aug 06, 2020 at 13:02
good work chaps
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