TainanReis

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100 % forex
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USDJPY 100% | 3
TainanReis TainanReis USDJPY, 5, Short ,
USDJPY: USD-JPY 5, TP area and Partial Profits points
113 1 0
USDJPY, 5 Short
USD-JPY 5, TP area and Partial Profits points

In this chart I am showing what I think the specifics points are at. I'm shorting already with 200 leverage and SL at 123.42 At the "increase position" points I'll open new positions with 400 leverage and close the first one at the first "Take partial profits" point. At the main TP point I'll close the second 400 leverage position and the one that I already ...

TainanReis TainanReis USDJPY, 5, Short ,
USDJPY: USD/JPY - Bearish situation (5min)
101 5 1
USDJPY, 5 Short
USD/JPY - Bearish situation (5min)

So far 123.13 has proved to be a great support level. After the last bear trend price broke a major trendline and it has finished a second leg up. Now I'll wait for price to break the green trend line and take my profits around 122.61 if price action allows it (if nothing opposes meanwhile). Price now might 123.13 line again, if it fails to break it, wait for a ...

TainanReis TainanReis USDJPY, 5, Short ,
USDJPY: Probably a great free fall awaits. (5min)
63 0 1
USDJPY, 5 Short
Probably a great free fall awaits. (5min)

The price finally broke the big resistance at 123.25. Now it became a good support level and the new resistance is clearly at 123.13. I will sell as soon as a candle crosses the 123.13 and a new candle opens below it. If it crosses the 123.32 I'll buy with medium risk leverage (x100) and open a sell position when price starts showing weakness.

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