Possible CHF/JPY Short Position !!

21 thg 11, 2018

SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 3-4 Days
Actions on -
A – Activating Event
Currency Pair creating a Double Top . Currency pair will move south to the @112.550 level.
B – Beliefs
Market will be rejected at @113.850 level and move towards the first Target 1 level @ 112.550 level.


CHFJPY

Trade Management
Entered @ Still waiting for confirmation. Will wait until the High Importance news report comes out for the CPI JPY
Stop Loss @ 114.150
Target 1 @112.550

Risk/Reward @ 3:1

Happy trading. Will let you know closer to the time if or when executed:)


Follow your Trading plan, remain disciplined and keep learning !!

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

22 thg 11, 2018

Ghi chú

No effect from the CPI news report as of yet

22 thg 11, 2018

Giao dịch đang hoạt động

Entered trade @ 113.62. Stop loss & Target no change

23 thg 11, 2018

Ghi chú

Trailing stop position changed to entry level. Trade working out well and going as predicted :)
It all works out if you follow your trading plan!!!

25 thg 11, 2018

Ghi chú

Trailing stop moved

26 thg 11, 2018

Đóng lệnh: dừng lỗ