See chart for my levels. Since GBPJPY has a huge ATR (that´s why it is know as "the beast") I will be reducing my position size on this one around 50%.
Good trading.
Good trading.
Comment:
Keep in mind that Stop, entry and targets maight change as the KS value changes
Trade active
Comment:
Moved stops to break even as we got very close to targets and did not hit them and GBP is gaining some momentum now
Comment:
Ok so this trade has become interesting. What before was a downtrend has now become a range market. I am keeping my short position but if we have an upside breakout of the range I will close the trade. If the range breaks to the downside that is great and we will keep our short trade open as usual. Here is what I mean:
Comment:
Finally we hit targets! I just got a second entry on this pair.
Comment:
And again target hit... amazing. Now we have 60% of a position trialing stop.
Comment:
Trade closed: target reached:
All positions closed now, trailing stop hit, good trade this one
