Trading Room

Forex Trading Room on June 14 – 18, 2021 – Buy Opportunity on GBP/JPY

June 14, 2021 | 2:16 pm | The 5%ers' Blog > Trading Room
June 14, 2021 | 2:16 pm
The 5%ers' Blog > Trading Room
Forex Trading Room on June 14 – 18, 2021 – Buy Opportunity on GBP/JPY

Forex Trading Room on June 14 – 18, 2021 – We spot buy opportunity on GBP/JPY after a retracement on the 5m chart

The trading rooms are the opportunity to trade together with our traders!
The rooms are available live three times a week for our traders, both PM and during the level 1 process.

In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, share market visions and trading opportunities.

In today’s trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.

We recognized a correlation across JPY pairs where we see the Yen very weak against other currencies.

We spot buy opportunity on GBP/JPY after a retracement on the 5m chart that aligns with the long term bullish trend.

 

 

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