The GBPJPY aka "The Beast" has been my favorite pair to day trade over the past few weeks. If you're familiar with this pair then you know that when it moves, it moves big & I've been able to get on the right side of those moves on my last few attempts, including the trade I shared with you guys yesterday.
Once again I'll be looking for day trading opportunities on the pair today starting at the 142.50's level.
Currenty (6:30am NY) we just completed a bearish Cypher on the 15min which I'm sure some of our traders are using for an entry reason.
what is the new level ? 141.5??