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alitrading_
Feb 25, 2019 10:52 AM

GBPJPY Long

GBP/JPYOANDA

Description

analysis is still valid,
Break and and retest.

Trade closed: target reached

target was hit, wasnt everyone saying GJ was going down, all these pros? lol

Comment

going back to this trade, just look at the confirm candles at our zone, they were all within our risk factor, before i even took this trade, i had accepted a loss already, i dont care how perfect a trade is, the moment you use high risk, your psychology changes and that perfect trade can very easily be a looser, i have blown several accounts doing this. i would full margin a trade just because it looks perfect. oh and with this trade if you had stops lets say even half way, somewhere around 145.337, you're looking at over 150pips. understand when price made demand levels, those levels are super fresh, so when price comes back into them, price will most likely fly. could have easily held this trade for more pips.

Comment

added to spreadsheet
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