Spent some time looking at USD/JPY and my HTF BIAS is Bullish, price was ranging through ASIAN session and has now taken Liquidity (Equal LOWS/Equal Highs). I will monitor this trade closely but I fully expect price to enter my POI and I will be looking to risk 2% on this for a RR of 1:6 1/2, that's 12% growth on my account. If this trade does not play out I lose 2% and on to the next. Please like and Follow and if you get time check out what we do at Easy FX Trading.
Price pushed up as expected and is currently sitting at RR 1:2.5, would have been a nice 5% growth on our accounts Oh well onto the next.
samwishrn
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Price came down to my entry (POI) and missed by 2 PIPS, did anyone market execute? Price is now reacting nicely from that area and pushing up currently at 1:2 RR that's 4% growth on your account within 10 minutes.
samwishrn
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If anyone wants to know why we trade like we do and how we get at least 1:5 RR risking only 2% on roughly 8-20 PIPS feel free to contact me! (BEAT THE BANKS).