SELL THE BREAKOUT - 400 PIPS TRADE Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Feb 9, 2016 4:24 AM

SHORT TRADE :

Entry : SELL @ 114.70
Target : 110.70 = 400 pips
Stop : 116.00 = 130 pips
Time : 2-3 DAYS

Risk Level : low
RR ratio : 1:3

Comments

UnknownUnicorn16580

⋅ Feb 9, 2016 8:23 AM

Wouldn't it be better to wait for a close of the weekly candle for confirmation? After all it is only the second trading day of the week.