Trading Journey - Trade #7: Short USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
2905 5
Shorted two orders USDJPY at 110.17
TP1 109.57
TP2 108.57
S.L 110.55
Average Risk/Reward: 2.89
Risk of capital for trade: 1.5%

- Breakout below key support among 110.25-110.35
- 50 days simple moving average breakout
- Broadening rising wedge breakout on the daily chart
Trade closed: stop reached: Profit= -1.5% of capital.
Accumulated Profit After trade = +2.232%- 1.5% = +0.732%
I have a similar strategy. Good job Technician.

Hey Technician, you have 40K+ likes now congrats, great job :)
@izyodore, Thanks mate. Actually, I haven't noticed that. Credit goes to everyone like you.
nice I have a similar analysis
Thanks Bro..
+1 Reply
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