FX:USDJPY   U.S. Dollar / Japanese Yen
158 3 9
tight stop in case of break to the upside
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?
DukeBot ShauntheSheep
yes sorry for late reply low leverage then add on if/when it goes your way
thx for your thoughts! i don`t think that any Action is 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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