TradingView
WBGwen
Oct 24, 2018 9:02 AM

USDJPY RR RATIO 26:1. IMPOSSIBLE TRADE? Long

U.S. Dollar/Japanese YenFXCM

Description

This is personally how i like to take my trade.
As we now that DXY is flying higher, but usdjpy still stay on the ground which the fact it should be rise higher. There is a good potential that usdjpy will go higher and test the top.

RR Ratio 26:1

Buy now
SL: 112.39
TP: 114.50


This is a very risky trade, so please use proper money management

Comment: (Note: Never trade with the money you can't afford to lose)


Good luck.

Please like, comment, and subscribe to support the author if you find this analysis helpful

Comment

Now our position is win 2:1. Please move stop loss to breakeven and let the trade run. Good luck.

Comment

If going in our favor, this trade is going to run about 2 weeks.

Trade closed manually

BE hit after win 3:1

Comment

Watch the price action first for re enter. I still see it going up.

Comment

Comment

You can re enter. SL and TP in the chart above.

Comment

SL : 112.29

Trade closed: stop reached

Exit trade.
Comments
JairMiranda
Omarragheb1
SL is 112.39 or 112.29 ?
WBGwen
@Omarragheb1, 112.29. Good luck buddy.
Omarragheb1
@YunFeng8, Thank you :)
WBGwen
@Omarragheb1, You are welcome.
More