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TAG-Strategy-Trading
Jun 19, 2018 4:03 PM

EUR/JPY - Trade #7 Long

Euro Fx/Japanese YenFXCM

Description

Certainty: good but not so safe
Risk - Reward: Great 1:6
My risk on this position is 0.6% it's not certain enough to risk 1% but it's certain enough to risk 0.6%.
We anticipated this position in a Potential Scenarios Analysis and in case we lose our 0.6% there is still a support at the 0.768 Level
where we can buy with safer Stop-Loss and higher Risk-Reward ratio. But I'm willing to risk a little here because i find it certain enough to do it.

Good Luck, Trade well

Trade closed manually

I closed the trade at Entry level, I doubt my analysis and there are many alternatives, why risk 0.6% when I can be Tight on the sidelines and wait for the money to come to me, with more certain set-up if we can get it. If not it's okay I'm willing to missout on this opportunity but I won't lose a singe cent.

Comment


This seems more certain and well worth taking it, without the fear of missing out
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