Release： 08/03/2021 10:02

Update： 08/03/2021 10:02

Series

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

GBP/JPY Short Position Ahead of BOE Policy Rate Decision Announcement

I shorted the GBP/JPY with an N-Method EA entry before the BOE policy interest rate announcement.

4-hour chart

At this point, with about 60 pips of unrealized profit and already trailing, it is risk-free.

30-minute chart

There was a bit of a larger drawdown, but it turned positive in profit.

Thursday BOE policy rate announcement, Friday employment statistics

Let's enjoy the Olympics and do our best!

Here is the N-Method

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