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Video / 14 November 2017 at 8:09 GMT

Selling a rally in EURJPY: Coleman

Ian Coleman - First 4 Trading
Ian Coleman of explains in a technical analysis of charts why he is trading EURJPY.

He is looking to sell on a rally at 133.90 with a stop at 134.60. His targets are 128.30 and 127.55.

Coleman explains the background to a selected trade every Tuesday on Trading Floor.

14 November
alki alki
Good day Ian. Is this trade idea valid for today only.
14 November
alki alki
By the way, if you allow me, Fibonacci was italian. The „double c” in his name is spelled like the „c” in „church” (approx fiboˈnattʃi) .-)
14 November
trackpad trackpad
Haha, alki. Thank you. I had been working up the courage to mention the same. But I was also wondering if this was one of those strange "Britishisms", or words that Brits have a national agreement or blanket license to mispronounce, apparently without judgment or consequence. For example "Obama" is often "Obamer". No offense, my British friends! ;-)
14 November
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This comment has been redacted
15 November
Morten Olby Morten Olby
Good morning Ian. So once again the pair busted almost as you predicted. Do you believe that it is now en route to bespoken 128,30?
15 November
Morten Olby Morten Olby
Dont know where "busted" came from...I meant that the pair turned :-)
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