Hi all!

alias67190 · **Joined:** Wed Sep 23, 2009 12:07 pm **Posts:** 12

I took this trade but it seems to be a false signal.Could you tell me why? GBP/JPY 1H Chart (I entred a the green arrow)

Tanks a lot

HENRI

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

Hi Henri,

You mean you went long?

One hour time frame is not a strong time frame for such a volatile and recently choppy currency pair as GBP-JPY.

alias67190 · **Joined:** Wed Sep 23, 2009 12:07 pm **Posts:** 12

Hi Vahid

Thanks a lot for your quick answer.
Yes, I went long but I closed my position at the next candle after the resistance breakout.(I didn't have a good feeling concerning this position but I didn't understand why)
I have already watched your related video concerning EUR/JPY.You answered to my questions then I thanks you again!

Bye

HENRI

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

You are welcome

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