TheBourgeoisie
Short

Going short on CHF/JPY

FX:CHFJPY   Swiss Franc/Japanese Yen
29 1 2
Reason for entry: Trending down - crossed the moving average
Risk/reward ratio: 4.28
Potential profit: 109%
Indicators: RSI , CCI , MACD all indicate bearish trend
Multiple time frame support (1W, 1D, 4H): Yes
Moving Average: Below moving average
Upcoming news announcements: None
Trade closed: stop reached: Result: Sudden turn to the upside and got stopped out at a 26% loss.
Lesson learned: shit happens :)
Result: Sudden turn to the upside and got stopped out at a 26% loss.
Lesson learned: shit happens :)
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