GBP/JPY target 1 achieved @ 193

FX:GBPJPY   British Pound / Japanese Yen
266 6 4
As per our analysis GBP/JPY             target 1 achieved @ 193. Book full profits
Hello! First, you guys do a great job!
Second, i have a simple question. What is with the TP1 and TP2? If I reach TP1 should i close the deal, or wait for the TP2? Or...i open another trade and wait for TP2?
I would appreciate a simple clarification :) thanks
FxWirePro BejeVladimir
Tp 1 is target price 1 . Tp 2 is target price 2 . If your target price 1 is acheived . You increase your Stop loss and hold your position
BejeVladimir FxWirePro
Crystal clear! Where do i increase the SL to? Ty
FxWirePro BejeVladimir
@Bejevladmir For Example ur have taken long in GBP/JPY at 191.40 and tp1 193 is achieved .u can book profits at 193. Stop loss for this given at 190.80. U can increase ur stop loss above entry price 191.40 . U can put ur stop at 192.50. so that u will not loose ur entire profit
BejeVladimir FxWirePro
Roger! Thank you!
yes :)
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