GBPJPY LONG Long

British Pound/Japanese YenFXCM

Description

⋅ Sep 4, 2018 3:49 AM

After a great impulse upwards, we had a 50% retracement where the market has found support. Looking for another wave, after a few failures to break downwards. It is a little bit risky, but risk/reward is within my personal criterias.

Entry: 142.80-142.90
SL: 142.27

TP 1: 143.55
TP 2: 144.33
TP 3: 145.50
TP 4: 147.00 (Swing)

*Risk management is KEY!

Trade closed: target reached

⋅ Sep 5, 2018 1:12 AM

TP 1 HIT! +65 Pips. You can put SL at break even for a stress free trade.

Trade closed: target reached

⋅ Sep 6, 2018 12:28 AM

For those who held original entries and didnt adjust stop loss. Target 2 was hit, +140 pips.

Trade closed: target reached

⋅ Sep 12, 2018 3:04 PM

TP 2 HIT! +260 pips

Trade closed: target reached

⋅ Sep 14, 2018 2:25 AM

TP 4 HIT! +410 Pips.

Comments

USAS_INC

⋅ Sep 4, 2018 9:00 AM

Superb Idea 140.43 area is a great historical Support for https://GJ.https://www.tradingview.com/chart/GBPJPY/XQZNRw8R-GJ-some-Range-to-come-Upside-Break/. Pound Bullish Demand Stays Says GBPCHF chart tradingview.com/chart/GBPCHF/0skNX4yg-GBPCHF-Some-Zones-Sept3-7/. Timing is the key of GJ long. 140.43 area I see a BAT also. Lets see where we get the entry. Good Luck There!!!

AislanSartori

⋅ Sep 4, 2018 6:31 PM

@USAS_INC, Yes sir, many confluences showing a push upwards for GJ. Lets see how it plays out. Great markups btw.

USAS_INC

⋅ Sep 4, 2018 6:54 PM

@AislanS_FX,

Legs get it then

USAS_INC

⋅ Sep 14, 2018 3:52 PM

Nice Profits There!!!

USAS_INC

⋅ Sep 5, 2018 1:11 PM

Here Big Fella Rising with others