Release： 04/09/2021 03:09

Update： 04/09/2021 03:09

Series

A full-time currency trader cat explains pound-yen trades and the mind philosophy in the market.

Re-short entry for GBP/JPY

I took profit on yesterday's position once and then shorted the pound-yen again.

With entry from the N-Method EA.

First the 4-hour chart

At this point the unrealized profit is about 50 PIPS, and since I’m trailing, the worst outcome is a breakeven exit.

Next the 30-minute chart

This timing is good as well.

N-Method keeps chasing pullbacks like this one after another.

Well, there is only one day left this week, so let's keep going.

This is the N-Method.

Popular articles in the series

From looking at the current market, I feel like next year will be a repeat of 2016.That’s what it se

One day of N-MethodThe N-Method GBP/JPY unrealized profit reached 100 pipsAlready hedged, so no risk

Please look at yesterday's trading.30-minute chart4-hour chartWe take profits decisively like this.W

With N-Method, the GBP/JPY unrealized profit reached 100 pipsAlready trailing, so no risk【For those

M-Method's pound-yen unrealized profit has reached 80 pipsSince we are already trailing, there is no