Gekko.uk
Short

USDJPY Wolfe Wave

FX:USDJPY   U.S. Dollar/Japanese Yen
418 3 10
Hi there, this is my idea based on Wolfe Wave trading. We are in wave 5 now. Let us see how this plays out.
how do you place your stop and targets?
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Gekko.uk Kylan_Laymance
Wolfe Waves require a R:R of between 0.7 and 1.5. I tend to ignore that and keep a 2:1 RR
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Looks like that played out nicely. Good call.
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