ALSM59

GBPJPY - SHORT opportunity

Short
ALSM59 Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY - SHORT - 1W Timeframe
Week Trade #1

Tentative:

SELL Entry Market Order @ 141.50
T/P @ 139.50

Total pips targeted for week = 200

Updates / Adjustments / Results will be reflected in comments.

* Personal analysis only. Please use your own rules and strategies prior to entering market.

** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Comment:
SELL Entry Market Order in place.
Comment:
Entry Market Order changed to 141.0
Trade active
Comment:
S/L set @ 141.5
Comment:
So far pair unable to break strong resistance @ 141.3 - Short still looking good.
Comment:
North Korea fires missle over Japan. Set S/L accordingly for risk.
Comment:
S/L removed. Personal decision to ride out a little longer.
Comment:
Trade changed to 1M Timeframe. T/P remains @ 139.5
Comment:
T/P changed to 138.50
Break of 140.30 opens path to 138.50
"Open Trade"
Comment:
T/P changed to 140.3
Attempt to close due to approach of Hurricane Irma.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.