4xtr8r

GJ Long Trend

Long
4xtr8r Updated   
FX_IDC:GBPJPY   British Pound / Japanese Yen
4
long trend from 139.50. Looking for target of around 145. Stop at trend reversal near 137-138.
Comment:
Reversal point as of now is around 142.50. Will stay long even beyond 145 if it continues.
Comment:
Scale out and let rest run.
Trade active:
Almost to target of 145. Scale out and let rest run. Reversal point 143.
Comment:
Target reached. Scale out again and leave rest. Reversal around 144.
Comment:
Stay long. Reversal around 145 now.
Comment:
This is where you let the winners run and run and run and run and r... you get the idea.
Comment:
Nothing to do but just counting the pips as it keeps running...
Comment:
Reverse order around 146.50 as of now.
Trade closed manually:
Reversal in play at 147.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.