FX:GBPJPY British Pound/Japanese Yen
Go short the GBPJPY if it trades at 154.89 or lower. If triggered, place your stop at 158.03 and exit the position for a profit at 153.64 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).
In this signal 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 large 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
Learn the rules of a strategy visit https://www.udemy.com/make-consistent-profit-using-pullback-candlestick-strategy/?couponCode=STT and subscribe
Trade closed: target reached: Standard profit target reached @ 153.64 so we take some profit here and await the market deciding price profit exit.
Comment: If you are trading for market deciding price profit exit, you need to move your stop loss and place it @ 153.73. This will lock in some pips while you wait for more pip move. Comments are welcome.
Comment: If you are trading for market deciding price profit exit, you need to move your stop loss and place it @152.41. This will lock in more pips while you wit for more pip move.
Trade closed: target reached: Market deciding price profit exit @ 151.08 with 382 pips in the bag.