Thursday, July 29, 2010

Scalping In the Morning, Hit 23pips

In morning at  Asian Session, pair GBPJPY seemed Bearish, after yesterday just reached the highest level  137.54, then the price did not pierce level 137.70. My first entry this today at the level 136.21. then i closed it at the area level 135.98, I get +23pips...do not be greddy, I'll wait in  the second entry when the pair at the reached  level area 135.70, Support and Resistant for today at : 134.35 - 135.80- 136.30 Resitances 138.90 - 137.80 - 137.50.
13.00 GMT + 7Beware News For GBP on Nation wide HPI m/m, sign in Red at the forexfactory will means the possibility of high volatility..happy trade for all traders... 

I test long position at level 136.16, TP 10pips..

Entry Long for GBPJPY on image 2














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