Learn everything about Orderflow trading?

Instagram :

theforexscalper

Email us now :

info@theforexscalpers.com

How to trade GBPJPY

How to trade GBPJPY?

How to trade GBPJPY?

I’ve been discussing a lot of forex pairs in my blogs lately.
And now it’s time to take a closer look at GBPJPY and how you can approach this pair.
I personally love GBPJPY but man oh man I also lost quite a bit of money on this pair in the beginning.
But once you can handle this pair, you can also earn a lot of money with this pair.
Let me put it this way GBPJPY is quite a wild pair.
You like it or not!

The behavior of GBPJPY.

Trading GBPJPY is a bit similar to trading GBPAUD and XAUUSD if you like excitement and action these are the pairs for you to trade.
It moves very aggressively and if you take a trade too early you will burn your fingers.
And your account if you don’t have good risk management of course!
But once you learn to recognize these sharp moves well and you know how to anticipate on them, you can also make a lot of Pips very quickly.

How to trade GBPJPY

How to trade GBPJPY

Above we see the line chart of GBPJPY and the nice movements between the Supply and Demand zones.
GBPJPY is therefore very good and clear to trade with Supply and Demand zones as long as you are patient and do not take a trade too quickly.

How to trade GBPJPY

How to trade GBPJPY

In the image above we see the same chart but switched back to the candlestick chart.
Do you also see all those liquidity spikes in the zones?
You can also see this a lot when you look back in the past of GBPJPY.
And that’s exactly why you shouldn’t get in too early with this pair.
Just wait patiently so you don’t get kicked out right away.

How to trade GBPJPY

How to trade GBPJPY

In the last image above we see the same chart again, but zoomed in a bit.
Here I have also clearly indicated the liquidity area.
Take that in your mind.
So do you see what I mean?
Price often tends to drop just a little deeper before the price finds its way up.
That’s why you have to be patient and actually wait for this to happen and then if you see the price come back up again, that’s a good indication of a possible buy.

Tip

To be able to see and recognize this, it is better not to have lists of forex pairs open in the beginning.
Preferably choose 3 and get to know them completely.
You often see the behavioral patterns of a specific couple very well.
And so you can learn to trade better.
The trick is not the more the better but the less the more winning trades you will eventually make.

Besides what I have now explained, you should of course pay attention to more things before taking a trade.
Do you want to know what exactly?
You will learn all this in the course, but applying it will take some practice.

Do you want to become Success Supply and Demand Trader or want to know how to trade GBPJPY?

If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
Join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
Results – Instagram
====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker. They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

Facebook
Twitter

2 Replies to “How to trade GBPJPY?”

  1. thank you for this information helps a lot to know what one is getting into.
    i never could understand why sometimes my trade hits stop loss then goes the direction which i predicted.
    lol i always thought it was news

    1. Lol same bro it’s very frustrating stop loss be missing pips after it hits then gains over 300 pips in the direction lol

Leave a Reply

Your email address will not be published. Required fields are marked *

About Author
Kevin The Forex Scalper

Welcome to my author blog. With over 12 years of experience in the financial markets, Trading is more than a profession for me; it's a passion that has fueled my curiosity and determination. Over the years, I've explored various trading strategies, dabbled in different asset classes, and navigated through the ever-evolving landscape of technology and innovation. Through it all, I've witnessed firsthand the transformation of the financial industry. My mission is to share the wealth of knowledge I've gained over the years with you, my fellow traders and aspiring investors. Whether you're a seasoned pro looking for fresh perspectives or a newcomer eager to understand the basics, you'll find something valuable here.

Recent Posts
error: Content is protected !!

Enter your username and password to log into your account

Days
Hours
Minutes
Seconds

START TODAY

30% OFF

SPRING SALE!

The choice is yours, my friend.
But remember, in the game of trading, it’s not the smartest or the luckiest who come out on top—it’s the ones who refuse to back down, who refuse to settle for anything less than greatness.

So, what’s it gonna be?

×
Enter your email to add this item to cart

No thanks! Add item to cart *By completing this, you are signing up to receive our emails. You can unsubscribe at any time.
×