GBPJPY

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = GBPJPY : Day Chart (Posted Below)

Sorry for no blog on Thursday, I had to shoot to Perth, Scotland for a press conference on Friday morning with respect to a old colleague of mine who intends to row unaided from New York back to UK. What a challenge, not knowing what will be thrown at you from Mother nature. Having to deal with the unexpected, making correct decisions whilst operating under tiredness and stress.

Not to dissimilar to trading the Forex, however we are not asked to put our life on the line.

As short as the week has been we have been following the GBPJPY and both Thursday and Friday we were presented with RED candles and RN has provided resistance.

For those of you who swing trade this cross should be kept on your list as the day chart below shows the squeeze coning to the point of break out soon.

Have a great week end and will speak to you soon.

Blogger is not allowing me to upload the charts, please refer to your "Day" Chart regards the above analysis, thank you.