mhussac
Long

USDJPY: Spike Base Long New Buy Limit

FX:USDJPY   U.S. Dollar/Japanese Yen
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...
Trade active: Trades entered @ 100.20
Trade active: Price moving in my direction....
Trade active: Half the trade has been closed other half is SL is going B/E
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
Trade closed manually: Some profit made from trade
More importantly NO LOSS through active trade management
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out