mhussac
Long

USDJPY: Spike Base Long New Buy Limit

FX:USDJPY   U.S. Dollar/Japanese Yen
3 months ago
This trade is linked with the other USDJPY:
USDJPY: Trading to the spike base

I've palced a different buy limit entry with some adjustments to the trade management - Bias / Setup is still the same (LONG) as mentioned in the previous idea.

Trade Management:
- 2 Trade entries (instead of 1) @ 100.18
- Stop Loss is 99.84
- 1st TP is @ 101.065
- 2nd TP is @ 101.405
- SL will go to Break even after 1st Target is hit

Let's see how it goes...
3 months ago
Trade active: Trades entered @ 100.20
3 months ago
Trade active: Price moving in my direction....
3 months ago
Trade active: Half the trade has been closed other half is SL is going B/E
3 months ago
Comment: Market gap up on open
Highly likely the gap will be closed up
Hence the reason for taking half profit off the table and moving SL to breakeven
3 months ago
Trade closed manually: Some profit made from trade
More importantly NO LOSS through active trade management

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