holding till 142.25

GBPJPY Range Bar Trading System

141.85 is the High + 10pips for breakouts

GBPJPY Range Bar Trading System

its got to break 141.85

GBPJPY Range Bar Trading System

we are clear for take off 141.85 142.00 142.25 142.58

GBPJPY Range Bar Trading System

now we need to take out the HIGH to continue

GBPJPY Range Bar Trading System

price needs to take out the open to the upside before the bulls take it all the way ful ADR. on the other hand. we had a busy week or month. we might see side ways movement in range of 30 to 40 pips. Even better to trade

GBPJPY Range Bar Trading System

20pip bar pullback

GBPJPY Range Bar Trading System

40pip bar

GBPJPY Range Bar Trading System

20pip range bar reversal possible to upside first obsticle will be today's open expect 142.25

GBPJPY Range Bar Trading System

Interesting Im using 2nd bar for decision either continuation or reverse. i will look at it your way. Thanks for sharing

GBPJPY Range Bar Trading System

New range bar begins either 45pip up or 45 pip down ADR finished. buying at this level is an oppt.

GBPJPY Range Bar Trading System

a safe entry would be around 141.40 with only 10 pips sl very possible A Two Lot Trader would hold for 1 range bar of 45 pips and exit 1 lot at bar end Hold Lot 2 for possible 3rd bar continuation.

GBPJPY Range Bar Trading System

141.58 open and entry level to upside risk to downside 141.40 141.20 Reward to upside 142.25 142.55

GBPJPY Range Bar Trading System

We are practically Dissecting the range and filtering the move of 45 pips ranges 140 pips GBPJPY 1/3 of that 45pips 3 range bars will move to make that move, with pullbacks I think you can trap on 45pip bar.

GBPJPY Range Bar Trading System

With this system you are not predicting tops or bottoms. We are staying within the Range Trend in this system we wait for bar ends to make decision. Market moves in 3 to 5 waves wave 1 market in buy wave 2 market in distribution Sell or wave 3 ...

GBPJPY Range Bar Trading System

On Range Bars 144.16 142.25 also shows a possible retest

GBPJPY Range Bar Trading System

Top Down Approach Monthly Weekly Daily 4hr 144.16 Monthly Weekly Break Point Retest 142.24 Daily Break Point Retest Now that trend is down. but ADR finished. Expect a retest to upside.

GBPJPY Range Bar Trading System

Simple Setup Start Range bar chart for GBPJPY and place ADR indi and Pivot Range Bar 41 to 45 pips ADR 14 Pivot Daily ( reference Only) Things we keep an eye on Previous Day Pivots ( the real pivots) Open High Low Close . Yes these are the pivots ...

GBPJPY Range Bar Trading System

141.56 Might become a turn point on the short term , back up toward 142.23

GBPJPY