the Monthly and Daily are bearish
and this pair has been banging up against the 125.23 level all week
IMHO, this is ready to explode to the downside.
The Cloud is thin and price has established below the 60 Kejun Sen
Entry = 125.23
Stop = 125.43
Risk = 20 pips
Profit target = 122.80 (the Daily Kejun Sen)
Reward = +243 pips
RRR = 12 -1
and this pair has been banging up against the 125.23 level all week
IMHO, this is ready to explode to the downside.
The Cloud is thin and price has established below the 60 Kejun Sen
Entry = 125.23
Stop = 125.43
Risk = 20 pips
Profit target = 122.80 (the Daily Kejun Sen)
Reward = +243 pips
RRR = 12 -1
Trade active:
Trade has been triggered :)
Trade active:
Got a very nice push down. trade is +35, moving stop to breakeven.
Trade active:
This trade is up +62 Pips. A very healthy 3-1 RRR. No shame putting a little in the Bank :)
Trade closed: stop reached:
My apologies for not updating this sooner. As you can see from the prior updates , his trade was up +62, when I recommended putting a little in the bank. the update before was to move the stop to breakeven, since I did not update this I hope everybody banked a little money but I will mark this as a breakeven trade.
Allen
Allen