jhakas
Short

UJ short with Little Sl.

FX:USDJPY   U.S. Dollar/Japanese Yen
uj
74 3 1
uj
UJ Sell @ Market 118.9

SL. 119.05

TP. 118.4

118

117.6
Comment: SL. hit just with 1 pip and it went into my direction.. dam..!!
UJ since your TP is 50 pips and your SL is 15 pips, your risk to gain ratio may set you for failure. Plus the pair is bullish at the moment therefore any pullback typically would not exceed the Fib retracement level of 50% and your TP is 118.4 which is greater than 50%. 32% would be better. I believe shorting at 120 would be a safer bet. Good Luck
Reply
jhakas Mojjaba
dear this is not todays chart... i was stopped out yesterday with 1 pip and uj then later went to hit my target 118.4.

For long term.. i am holding bullish view.. i trade setups both buy and sell.. check this chart..

UJ Buy Trade Idea with TP towards 121 and SL 116


Reply
jhakas Mojjaba
please check comments below chart...
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