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Summerset
Feb 25, 2021 12:24 AM

Trading The Sterling Yen Uptrend Long

British Pound/Japanese YenFXCM

Description

Following the two past vids on investing using this trending strategy, Today - I will buy the Daily pivot = Market open in Asia ~ 149.80/85 for 1.5 mini lots (15k)
And Add by limit buy order another 15k at 149.20 = the Breakout low for today ~ S2.
POSITION TOTAL would = 30k - Averaging 149.50.
Hedge placed at 147.80 for 170pts x 3 minis = $510 Total Risk

I aim to pyramid 1.5 standard contract averaging 152.50 to target 156 for a yield = $5250, - by June 2021.

Profitable trading and stay safe
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