Go long USDJPY on close above Pivot high
If market price closes above the Pivot high level, go long.
Action to Take: go long by entering stop entry order; or timing an entry based on short term charts with a limit order or market order.
Take Profit Level: 114456 Stop Loss Level: 113094
Additional Factors:
Total Risk of Account Equity: 2% or less
Action to Take: go long by entering stop entry order; or timing an entry based on short term charts with a limit order or market order.
Take Profit Level: 114456 Stop Loss Level: 113094
Additional Factors:
Total Risk of Account Equity: 2% or less
Trade closed: stop reached
Trade closed: stop reached:
You can see the value of stop losses, especially going into economic number releases.