Much to the dismay of the BOJ (Bank of Japan), the yen continues to weaken, which has provided many trading opportunities. However, are we seeing this weakness coming to an end? In this video, David & I explore this reversal in sentiment in the gbp/jpy, across the timeframes. The daily chart can be extremely useful as it can signal the following day’s trading environment. Meanwhile, David considers the faster timeframe and explains how the use of multiple timeframes and the Time Adjusted Renko can be used in trading.
By Anna Coulling