{"id":29018,"date":"2019-05-31T12:51:01","date_gmt":"2019-05-31T04:51:01","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/?p=29018"},"modified":"2019-05-31T12:51:01","modified_gmt":"2019-05-31T04:51:01","slug":"578-2-43-1-setup-gbpjpy","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/trading-journal\/2019\/05\/578-2-43-1-setup-gbpjpy\/","title":{"rendered":"578 | +2.43% | 1 Setup | GBPJPY"},"content":{"rendered":"<pre>Mr. Tarif shaking the markets already pre-session<\/pre>\n<p><!--more--><br \/>\nCurrency Data:<\/p>\n<ul>\n<li>Pair(s) to Watch: <strong><span style=\"text-decoration: underline;\">CADCHF<\/span><\/strong> (Sell), <strong><span style=\"text-decoration: underline;\">AUDJPY<\/span><\/strong>\u00c2\u00a0(Sell)<\/li>\n<li>Asia Events: <strong>Tokyo CPI [JPY], Non-Manufacturing PMI [CNH]<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><!--more--><i><\/i>Mr. Tarif made the markets shake even before the Tokyo open, so there may be some consolidations ahead<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-29118 size-large\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/05\/Screenshot_36-1-960x310.png\" alt=\"\" width=\"960\" height=\"310\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_36-1-960x310.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_36-1-300x97.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_36-1-512x166.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_36-1-768x248.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_36-1.png 1141w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<p><em>08:48<\/em> Selling <strong>GBPJPY<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29120\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/05\/cT_cs_1043745_GBPJPY_2019-05-31_08-48-04-512x244.png\" alt=\"\" width=\"512\" height=\"244\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/cT_cs_1043745_GBPJPY_2019-05-31_08-48-04-512x244.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/cT_cs_1043745_GBPJPY_2019-05-31_08-48-04-300x143.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/cT_cs_1043745_GBPJPY_2019-05-31_08-48-04-768x366.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/cT_cs_1043745_GBPJPY_2019-05-31_08-48-04-960x457.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/cT_cs_1043745_GBPJPY_2019-05-31_08-48-04.png 1019w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p>it&#8217;s still above the vWap, so this may turn&#8217;s bad in a moment, but the 40 Minute Price action looks promising.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29121\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/05\/Screenshot_37.png\" alt=\"\" width=\"255\" height=\"147\" \/><\/p>\n<p><em>09:15<\/em> it did turn bad (never went below vWap) &#8211; Hedging<\/p>\n<p><em>10:24<\/em> price finally went below vWap, will hold till the immediate Support has been broken<\/p>\n<p><em>10:30<\/em> Support didn&#8217;t hold, reversing<\/p>\n<p><em>10:31<\/em> close <strong>GBPJPY<\/strong> at the original TP1<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29130\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/05\/Screenshot_40-512x219.png\" alt=\"\" width=\"512\" height=\"219\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_40-512x219.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_40-300x129.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_40.png 614w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p><em>11:15<\/em> selling <strong>GBPJPY<\/strong> again to pay for the previous loss<\/p>\n<p>did hedge about 50% along the way (plain fear, no volume reason)<\/p>\n<p><em>11:24<\/em> reverse Hedge position to sell<\/p>\n<p><em>11:39<\/em> close <strong>GBPJPY<\/strong> as the previous loss and the Hedge loss paid.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29140 size-full\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/05\/Screenshot_43.png\" alt=\"\" width=\"319\" height=\"195\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_43.png 319w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/05\/Screenshot_43-300x183.png 300w\" sizes=\"auto, (max-width: 319px) 100vw, 319px\" \/><\/p>\n<p><strong>GBPJPY<\/strong> likely gonna make the original target of 137.534 and 137.5,<br \/>\nbut ill call it a day here, there is almost no liquidity, and this will likely not change till London Session.<\/p>\n<p>&nbsp;<\/p>\n<p><!--more--><strong>Total Today: +2.43%<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Stream Recording<\/p>\n<p><iframe loading=\"lazy\" title=\"\ud83d\udcc8Forex Day Trading [Fri 31 May 2019 +2.43%] GBPJPY\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/jXbnqrmJlYU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h6 style=\"text-align: right;\"><em>please note: times \/dates shown in Stream, Screenshots &amp; Blog<br \/>\nin SGT \u00c2\u2013 Singapore Timezone (GMT+8)<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Mr. Tarif shaking the markets already pre-session<\/p>\n","protected":false},"author":1,"featured_media":29144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[27],"class_list":["post-29018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-journal","tag-gbpjpy"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/29018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=29018"}],"version-history":[{"count":8,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/29018\/revisions"}],"predecessor-version":[{"id":29143,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/29018\/revisions\/29143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media\/29144"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=29018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=29018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=29018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}