The GBPJPY has performed stellar on the 4 hour chart lately. Traders could have easily gotten a piece of this large up move by buying a break of either of the two pin bars marked below. I actually traded the second pin bar and took about 200 pips out of the market for a risk / reward of 1:4 ! Truly excellent trading. This is how you trade simply and effectively, using price action setups on a plain vanilla price chart, I learned these from Nial Fuller. There really is no need to invent some new way of trading when you can learn price action trading that has made many traders a lot of money over the years. Nial puts a unique spin on the way he teaches it plus I just really like his Australian accent (he he), so that's why I choose to learn from him. Really happy with what I have learned.
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