PaperChaser12

CHFJPY Sell Stop - Entry 110.5

Short
OANDA:CHFJPY   Swiss Franc / Japanese Yen
Stop Loss = 111.3 / Take Profit = 108.9 > Coupled with a 1% risk and 2% reward.
Once the trade reaches a 1:1 point move SL in front of the entry to protect the downside.
If it takes you out we can always re enter at another opportunity.
As the trade progresses i will comment every change to show you how i make to maximize profits.
Remember Risk/Reward is the key, we will take losses along the way but overall profit in the long run.
If you enjoy follow and like my ideas and if you have questions message me.
Keep Chasing that Paper!!!
Trade active:
Move SL to 110.464 to protect
Trade active:
SL to 110.202

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