January 28, 2014 – GBPJPY

1-28-2014 8-54-06 AM

After our 225 PIPS capture (shown in #2), we are waiting for a definitive entry point for #3.  The channel drawn is a 4 HR channel.  Since it is only Tuesday, the entry or confirmation may come as early as Wednesday or late as Thursday – we will wait.

UPDATE:  Captured 60 PIPS from 6:30-7:30AM CST, but before we did that, price RANGED for awhile until London session.

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