Description
⋅ Hello Traders;
Current Pair JPY YEN / British Pound - IDC
Trade Plan.
Be careful - Tricky Trade setup.
Short / Sell Trade.
Entry Level below the Daily Support line with Bearish Candle @ 0.005890
Take Profit 1 @ Above the FIB 0.0% Level @ 0.005850
Take Profit 2 @ Above the Daily Resistance / FIB 61.80% level @ 0.005690
Stop Loss @ Above the daily support level @ 0.005940
Lot Size :
Portfolio Size 10000$
Risk to Reward 1 : 1
Lot size 259940 units @ 5% Risk
TP 1 = Total PIPS in gain = 50 Profit 0.91 %
TP 2 = Total PIPS in gain = 200 Profit 4.10%
Total PIPS in Stop loss = 47 Loss 0.87%
Regards,