OANDA:GBPJPY   British Pound / Japanese Yen
- Previous Day candle closed bearish. If we are looking for buys we will take on until daily resistance formed on 29th march 04
- If we are looking for sells we take on until 18th dec 03 daily resistance.
- Wait for 1 hour candle to close above or below zone to enter trade. After hitting TP, you are done for the day.
- We risk 5-8% of our capital. Close trades manually once price reverses to opposite direction and 1 hour candle closes below/above order Block.
- After hitting TP 1 or any TP , always use B.E don't not re-enter new trade.
Trade closed: target reached:
Well.. it pumped directly down no chance to enter.. See you next time..
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