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davieovermeer
Sep 21, 2020 12:06 PM

GBPJPY Scalp Buy 50-100 pips Long

British Pound/Japanese YenFXCM

Description

Afternoon everyone! GBPJPY set up for a scalping buy.

Entry: 133.873
Target: 50 pips
Stop: -25 pips

Comment

Due to the large spike to target 1 - I would suggest moving the stop loss to entry

Comment

Close Trade at the current profit - if you didn't move your stop loss.

My bias for GBP is bearing. If the trade was going to hit target 2, it would of by now.
Comments
NoFaceNoCase2020
Don’t think it will reach target 2
davieovermeer
@danerichards83, Hey! Thanks for your feedback. Maybe, It's just smashed target 1. so e can move stoploss to entry:)
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