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Naomi293

EMA Strategy: GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Naomi293 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Moving Averages GBPJPY gbpjpyshort 30min
1
0
supportandresistance movingaverage gbpjpy gbpjpyshort 30min
30-mins chart
EMA Strategy: GBPJPY

Long
Trade Entered @ 10:00 AM Wednesday 26/12/2018

Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance-
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern
5. Long Upper Shadow, Short Lower Body -

Risk
- Pair might not break out of consolidation
Comment:
Price came >10 pips away from TP.
Using this strategy on the 30-mins chart always place first TP @ 40 pips*
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