TAG-Strategy-Trading

USD/JPY - Trade #6

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Certainty: Really High (market retracing before going lower/going higher)
Risk - Reward: Also really good
Positive expected value
Risk 2%
Good Luck, Trade Well
Trade active:
1.Put the SL at 109.20
The market didn't play like we needed.
The uncertainty arises and makes me uncomfortable.
2.Cut the position in half (I'm so tight that i will cut my 2% risk into 1%)
3.I'm also willing to liquidate the position.
My analysis is correct but it seems like a stretch and if I'm not certain then I don't wanna risk my capital and my clients capital.
Lower Your Risk Right Now!
Trade closed manually:
We might see the market going to 109.80 and then going even lower (great opportunity for buying)
but if we hold the position with a SL at 109.20 and target at 109.80 with this kind of certainty, I don't know what the expected value will be so if you're willing to hold on to get small profits it's up to you. I trade only the best setups.
Good Luck, Trade Well

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