GBPJPY [1-3 days view]
SHORT GBPJPY
Entry: 145.725
SL: 146.500
TP1: 143.800
TP2: 142.200
Market reacted below descending trendline resistance.
Similarly, MACD indicator showed a bearish cross signalling for market to go lower.
This trade was entered yesterday but I forgot to publish it. However, as expected, market has moved in my direction. I have also moved my trailing stop lower to protect this trade.
Trade is now risk free.
Entry: 145.725
SL: 146.500
TP1: 143.800
TP2: 142.200
Market reacted below descending trendline resistance.
Similarly, MACD indicator showed a bearish cross signalling for market to go lower.
This trade was entered yesterday but I forgot to publish it. However, as expected, market has moved in my direction. I have also moved my trailing stop lower to protect this trade.
Trade is now risk free.
Trade closed: stop reached:
Got whipsawed out of my position...
Upsetting but not a real concern here as trade was already risk free with a bit of profit protected
Upsetting but not a real concern here as trade was already risk free with a bit of profit protected
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28