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Team_MonteCarlo
Mar 23, 2023 4:45 AM

GBPJPY - 44RR ???? Long

British Pound/Japanese YenFXCM

Description

Looking to capitalize on this opportunity,
It seems that price has been slowly mitigating the move up, i expect for longs to continue here.


Unfortunately for myself i am about to go to sleep and cannot watch this trade for a confirmation entry. In this instance i will place a risk entry and shall see how the trade went in the morning. I am using MT4 to place an expiration of 2 hours (since i will be asleep)

Comment

2min chart ---- The entire orange box is the buy area, however for my risk entry trade i have selected to trade the upper green box. Since i am not able to watch this trade for a confirmation entry, i am taking a 0.25% risk on this vs my usual 1.00% risk.

Order cancelled

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