glennmercer
Long

USDJPY Breakout: Second Entry After Triangle

FX:USDJPY   U.S. Dollar/Japanese Yen
2 months ago
Traders, previous entry stopped out at 1.5 pips! Here's a second attempt with another high R/R. SL is placed above lows. It has already started to run a bit, if you take a trade like this, be certain of the amount of capital you're risking and be sure to place your stop accordingly. I intend to ride this to T2 with a quick move to B/E after small rally (if SL is not hit!). If SL is hit, I will wait to short from the completion of bearish bat up at T2. PS: This will be a beautiful opportunity to short from those levels! Happy trading
2 months ago
Trade active: Order filled and now I'm moving stop to B/E. Good luck!
snapshot
2 months ago
Comment: Traders! Here's a potential wave count on the lower timeframe. Seems to be a leading diagonal, which is a good sign for further bullish movement. Let's see how it plays out. Nothing is for certain! Cheers
snapshot
Follow me on twitter: @gmercerfx
Shoot me an email: gmercerfx@gmail.com
piptamil
2 months ago
Thanks...i liked your approach glen.
Reply
glennmercer PRO piptamil
2 months ago
NP Piptamil, glad you find it useful
Reply
Hanu727
2 months ago
Hi Glen, what's your SL set at for your new long entry?

Thanks
Reply
glennmercer PRO Hanu727
2 months ago
Hanu, SL: 100.476, TP: 102.471 (on chart, FYI). Cheers
Reply
Hanu727 glennmercer
2 months ago
I like the way you trade and protect your capital with tight SLs.

Good luck friend
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out