FX:USDJPY   U.S. Dollar/Japanese Yen
158 3 9
tight stop in case of break to the upside

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DukeBot
USDJPY short?
DukeBot about USDJPY 1 6 months ago
MaryJane
6 months ago
thx for your thoughts! i don`t think that any Action is needed at the Moment...?
USDJPY  no action needed at the moment
The Pair is trading in between a neutral zone between 106 - 111. Herein i see no need for action.

For me, the borders of this neutral Zone are action points:

-Stoppsell, when the pair is trading below this Zone, sl could be the upper border, tp1 could be the 0,5 fibo @ 100,8, TP2 = 61,8 fibo @ 95
-Stoppbuy when the pair is trading abiove the upper border of the neutral Zone @ 112, possible sl @ 105, TP1=116, TP2=126

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excuse me but our type stop loss is almost 1 yen... may I ask do you have any suggestion on stop loss? is it good to set wide stop loss and low leverage?
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DukeBot ShauntheSheep
6 months ago
yes sorry for late reply low leverage then add on if/when it goes your way
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