PaperChaser12

GBPJPY Long Trade - Limit Entry 131

Long
OANDA:GBPJPY   British Pound / Japanese Yen
Stop Loss = 130.3 / Take Profit = 133.1 > Coupled with a 1% risk and 3% 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!!!
Comment:
Move SL to 131.55 to lock in some profits!
Trade closed: target reached:
3% target hit!

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