GBPJPY (pronounced gee bee pee jappy) 4H short

FX:GBPJPY   British Pound / Japanese Yen
Parallel channel on 4H GBPJPY

look for negative reaction to UK PMI in 2 hours
Target moving averages and support below price action for places to TP.

TP your decision based on 3:1 or 4:1 risk/reward ratio
SL 15 pips above trend channel
Trade active: Great idea eh?
TP1 142.20
TP2 "let it ride"
Trade active: close all trades at 140.40
Trade closed: target reached: all targets reached. Perfect trade
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