tradingjournal101_

Do Pending Orders Work?

Short
FX:EURJPY   Euro / Japanese Yen
A very clean chart on EURJPY. Uptrend broken. Looking for it to pullback as resistance and drop. Testing to see if setups can be traded in this way or do we constantly have to monitor charts for rejection?

NOTE: This is a journal purely for documentation and NOT a signal!
Trade active:
Comment:
100 pips up. SL moved to entry.

Trade closed manually:
What a shame! 230 pips up and price hit break-even

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