Technician
Short

GBPJPY: A simple short setup

FX:GBPJPY   British Pound/Japanese Yen
379 1 6
Update: That was quick, no entry, trade cancelled

Looking for a retest of areas near the bottom of the sideways range, following the break below rising trend line for the latest bullish wave and 171.30 horizontal support.

Trade number: 66
Accumulated profit/loss (pips) = 2472

Pre-trade stats
Number of trades:65
Winners: 34 Losers: 22 Cancelled: 09
Profit/loss (in pips) = 2472
Open trades: none Pending trades: none
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
My trading ideas channel https://telegram.me/technician_forex_trades

Get your gift : https://thefxchannel.com
Update: That was quick, no entry, trade cancelled
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out