This is a positive winning trade with 30 pips of profit based on market cycle method.
GBP/JPY Capitulation Trade 07/20/09
I'm a professional Forex trader and I have been trading for over 7 years. I was a series 3 broker and a registered CTA with the NFA, the main regulatory agency in the United States, and I have been involved at the highest levels in commodity trading. I also have a background in Information Technology, graphics design, and programming... I'm the co-founder of CurrencyNewsTrading.com, a site dedicated to fundamental analysis and news trading.
Posted by Kelvin Ching
On August - 16 - 2011