Dear traders,
Here is your GBPJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the JPY stands at “0”, meaning that the GBP is stronger than the JPY, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at 154.60 (with a 1% risk position size)
Our 2nd BUY Limit is placed at 154.25 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 157.28
Our Stop Loss is placed at 153.81
This is a 250 PIPS trade - Risk Reward 1:6
Chart Timeframe; H4
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Trade Smartly.
Here is your GBPJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the JPY stands at “0”, meaning that the GBP is stronger than the JPY, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at 154.60 (with a 1% risk position size)
Our 2nd BUY Limit is placed at 154.25 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 157.28
Our Stop Loss is placed at 153.81
This is a 250 PIPS trade - Risk Reward 1:6
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
