Hi @FollowMyForex fans,
Another week, another trade. Today we have the EURJPY that just gave us a short signal for our trend-following swing trading system. The reward is 2x as big as the risk which is our minimum acceptable ratio.
Trade safe!
Another week, another trade. Today we have the EURJPY that just gave us a short signal for our trend-following swing trading system. The reward is 2x as big as the risk which is our minimum acceptable ratio.
Trade safe!
Trade closed: target reached:
First target hit! Now our position can be considered at BE because the other half is still open and we haven't moved the stop.
Comment:
We've been given a gift - our new target has been moved further away! With the current momentum we are now targeting 116.42, that's about +35 pips more. Updates to follow.