maverick23
Short

Great trade on the USDJPY

FX:USDJPY   U.S. Dollar/Japanese Yen
104 5 3
Hi All we have a great trade on the USDJPY             . Now im in profit with 128 pips and 2 trades on these pair. The firs trade is on BE and the 2nd position is running now. my target on the 1st position ius 670 pips and on the 2nd position is 530 pips. on every pullback i will ad a new position and increase my profit on these trade. I will update these pait on every new enter. dont forget folow me and give me a like.

trade with care and folow a safe money manegment.
Comment: Hi All update of these pair.

now we have a 618 fib tradeon these pair. target like the trade one.

trade one stil active. + 45 pips

trade two hit SL - 70 pips.

trade three active.
Comment:
snapshot
So 0.618fib wasn´t such a bad idea after all!! ;D
Reply
maverick23 TradeBeat86
yes but now we have more confirmation its going down. fib on the first omouve ist verry rysky. you dont know if the down mouve is a start of a down trend or only a correction.
Reply
TradeBeat86 maverick23
Thanks man!! Already in it SL 110.600 TP103.900
Reply
Amazing Setup! Congrats!! May I ask how do you know when to add the positions on the pullback? 0.618 fib? Thanks!!!
Reply
maverick23 TradeBeat86
Thanks. We use 2 type of entries a breakout and a fib trade. we have strictly rules for enter a fib trade based on wave structure and divergence. if you want take a fib trade on these pullback its not a good idea. wait for break out. you lose few pips but you are sure it will go down.
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