My views on future trades, past trades, the market and lessons learnt

Saturday, May 10, 2008

Which pair to trade?

So how do you know what pair to trade?
Well the first chart is the pattern we saw on the GBPJPY and USDJPY. So pair do we take?


GJ or UJ or both?

On a high probability setup it's best to take the GBPJPY. The chart below shows why:

It took 15min to get 10 pips on the GJ and 30 mins to get 10 on the UJ. I Know what trade I'd rather be on.

More on this later.

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