Early Morning Binary Trading on the GBP/JPY

Due to the insipid early-morning activity on the EUR/USD, I began looking at five-minute charts of a few other currency pairs and eventually settled on observing the GBP/JPY, which appeared to be in the midst of providing a good trade set-up. So I scrapped the euro-dollar for the day and went with the pound-yen instead to potentially take advantage of an immediate and likely better set-up.
Comments
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Nice explanations Mifune. They are very helpful!
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