Kadhijah
Short

Butterfly Bullish (short-long setup)

FX:USDJPY   U.S. Dollar/Japanese Yen
366 11 26
and simple plan is,
- short limit: 103.056
- stop: 103.320
- target: D legs.

- short stop: 101.876
- stop: 103.320
- target: D legs

for possible long entry,
- orders: 99.539 - 99.075
- stop: 98.500
- target: 104.890

if someone look this ideas, please use only for references and not call for trades. before entry market, make sure know how to deal with the risk.

regards

snapshot
Trade active: 101.241
101.680 (stop)
Comment: don't wanna trade like a Pro.. and yes, +50 from down below 101.241 and still hold it..? ENJOY IT..!!
Kadhijah MindTrader
nice plan.. good luck mate :)
and here my simple reason.
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MindTrader Kadhijah
Thanks Mate, Your idea is also very nice.
+1 Reply
MindTrader Kadhijah
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+1 Reply
Kadhijah MindTrader
yes correct, unfortunately you got stop... :'(
Reply
MindTrader Kadhijah
no i just my position booked out at 102.60.
+1 Reply
Kadhijah MindTrader
as I understand, you said "buy between 101.80-101.60" and then you put SL into 101.20, and at last the prices drop and drawn in deep around 101.00. uft... how about your long entry from around 101.80-101.60 now...? CMIW
Reply
MindTrader Kadhijah
i brought at 101.70 , yes I know price went below my SL level of 101.20 technically SL hit but I am holding my trade and exit at 102.60 not advice anybody else to do this type of trade after hiting SL , but because of BOJ event I know some kind of volatility we have to face , so I update in my chart that as long as 101.20 not break convincingly hold the longs.
+1 Reply
Kadhijah Kadhijah
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nahian87 Kadhijah
I can see most of the time you r almost perfect. I do not know how u catch that.
thanks for all of your post
+1 Reply
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