FX full-time trader cat’s Pound-Yen trade commentary 0507
I took profit on yesterday's GBPJPY.
In my trades, 190 PIPS, and 160 PIPS with the N-Method.
It is a 4-hour chart.
It pulled back and forth, so it dropped by about the same amount.
This is the N-Method 30-minute chart.
Let's look at the daily chart.
It expanded, didn't it. Indeed, the second expansion is real, right? I predicted that, but keep doubts about predictions (lol).
This is the weekly chart.
The opposite band has begun to widen.
Finally, the monthly chart.
Now, will this also expand?
After this, the Bank of England policy rate announcement, so let's be prepared.
This is the N-Method.
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