GBPJPY & USDJPY Levels…

Still reacting nicely:

> Click on chart to enlarge <

> Click on chart to enlarge <

4 thoughts on “GBPJPY & USDJPY Levels…

  1. I know you’re probably going to say you just follow the chart but since GJ is a cross, wouldn;t you find the fib levels reacting differently to the majors like GU and UJ?

  2. lol…of course πŸ™‚
    The other thing is correlation risk, eg going short on EU, GU, AU offers overexposure to the long dollar trade. If you have time wouldn;t mind discussing it on Sunday but I know you don’t usually like to cover stuff like that in the webinar.

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