Go short the GBPJPY if it trades at 130.61 or lower. If triggered, place your stop at 132.51 and exit the position for a profit at 128.91 or at your own discretion.
In this trade idea you don’t get the following:
1. How to identify the trade setup 2. How to identify short term trend 3. How to protect gains in your trade 4. Market deciding price exit for big moves in the market 5. Money management 6. Buy/Sell line which let you know when to buy or when to sell 7. Rules of gap opening
(Always invest wisely).
Trade active
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Trade closed: target reached
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170 pips move in the bag after standard exit hit @ 128.91. Now waiting on market deciding price exit.
Trade closed: target reached
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336 pips/points/cents move in the bag after market deciding price exit hit @ 127.25.