GBPJPY 2nd trade taken 19th Oct

Gotta admit, today I might have been too eager to take profits.
I’m supposed to be trying to build a slightly longer term position to the short side, but it appears I might have given up a couple of good entries in favour of short term profit.
Should have been more patient.
Price shot down again from where I got out of everything, nearing my 2nd target of 147.00
zzz
Anyway, explainations on the chart.

GBPJPY trade taken 19th Oct

Explainations on the charts.

As I type this, I have just added another position short at 147.86 with a 26 pips stop.
Looking move stop to breakeven soon, update later.

Some market direction for the week ahead

I just did a quick overview of my favourite currencies.
Will be taking reference from the USDJPY and EURGBP when I watch setups real time.
Lotsa of crazy moves in the past few weeks.
Gotta trade carefully for the week ahead because the trendiness may not continue.
We could end up with a period of range before trending again.
Must admit, I think I’ll only be trading the EURUSD, GBPUSD and GBPJPY.
The EURJPY is in a range, and slightly difficult for me to play. But I will try if the opportunity appears.