FUNTRADER-Vera
Short

USDJPY:0711 4TH TRADE

FX:USDJPY   U.S. Dollar / Japanese Yen
349 8 8
ENTRY:102.55
SL:102.75
TP:101.4
Trade closed: stop reached
Comment: so ,don trade with one single signal.
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hello!!! I am new to this and not sure how to read this chart...
is this a projection? that it will go up from 10am?
or is it that it will land somewhere in the green zone from 13:30 to 19:30??

please help
Reply
it means uj down
Reply
alextrades FUNTRADER-Vera
from when to when ?
Reply
I dont know how to answer a question like this.
Reply
crazzytrader alextrades
Alex: its a projection that price going to fall till the TP point 101.4, green zone means the area which trade will go in profit if price drop, and the red area means loss and dont look the time period, concentrate on Price, Stop loss (SL) and Take profit (TP) levels.
Reply
alextrades crazzytrader
ahhhhh... ok i think i get it. Although in this case the progection was wrong??? it went up!!!
Reply
crazzytrader alextrades
yes you are right. these are just views of different analysts, you can take ideas from them some might go wrong as well.
Reply
alextrades crazzytrader
thank you for the explanation crazzytrader!
Reply
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