Sunday, August 7, 2011
GBPJPY
Try doing Averaging on a GBPJPY buy. BUY GBPJPY now with lighter lot, if you go down by 50 or 80pips do another BUY and make sure you do it for 50 to 100 pips Each. This is Because my Daily trend is LONG and counter in 4hour shows SHORT but rising momentum. Its time to think BUY with light Lot size
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Depending on your Risk Tolerance, this is good to exit your GBPJPY trade but for one more averaging you are good to go for 100pips BUY
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