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FxScientist999
Dec 3, 2020 2:25 PM

GBPJPY Sell opp Short

British Pound/Japanese YenFXCM

Description

Lower High on GBPJPY. No news in site. Price also providing a bearish engulfing on the 1H. I will probably place a sell Limit order around 140.017 to enter me into the trade. That way I keep my overall risk between trades low. If I'm entered into the trade, I'll be at a better position. If not, I'll be ok. Alternatively, I could also just enter market execution after this candlestick closes.
Comments
FxScientist999
Stops hit BE here. I was up 20 pips, and didn't follow my strategy lol. Gotta follow the plan at all times.
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