YardleyRosette
Short

Retracement on USDJPY, trade in favor of continuation

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Saw u-turn/bounce off of 61.8 and cross of trendline to signal continuation
61.8% can lead to 127.2% and at most to 161.8
Trade active: (03/31/17)
Demo trade
Open price: 111.763
SL: 112.780
Standard lot potential profit to target: ~$2,700
Mini-lot potential profit to target: ~$270
Micro-lot potential profit to target: ~$27
Trade closed manually: 110.45, good place to manually close as real time indicator shows.
Comment: Of course, aggressively trading would be to keep holding the trade.
Comment: I believe at 04/04/17 12:00 to 14:00 start, could be used to trade retracement, which I don't have a setups for.
Trade closed: target reached: "Aggressive Trade"
Comment:
we are winners!!
Reply
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