SimonHG

USDJPY Short - low risk potential

Short
SimonHG Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Short trade with low risk potential.
Comment:
i got in this trade at 110.121 yesterday . i have my take profit 1 at 109.565 and take profit 2 at 109.326.
if the trend breaks the S/L zone i would look for a long/buy opportunity
Comment:
trend hit my s/l so i will now be looking for an opportunity long.
Comment:
managed to get in on a quick long trade to secure my loss. trade went just as i expected and hit my resistance at about 110.913. i split this trade up in 2 just incase if i could make more profit but instead it broke even with my recent loss.
i.imgur.com/KRYYRs5.png
Comment:
i will be taking it slow with this fair untill next monday-thursday before i will analyse and possible enter a trade again. remember guys, money management is everything and i was able to cut my recent loss off which is perfect for me. this is why you should always expect your trades to go both ways
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