rhf_fx

GJ Buys 05/10/2020 -- Update

Long
FX:GBPJPY   British Pound / Japanese Yen
As I have already had a very good day, I decided when GJ broke resistance to use the 15m timeframe for confirmation, the reason being I had a lot of profits to use as leverage.

When support formed on the 15m, I took a buy entry as the new 15m candle broke the high of the previous candle, with stops below that candle.

As price went up into 10 pips profit, I secured my entry and moved stops to the low of 15m candle where I executed my trade.

We then tapped into the next area of resistance and there I secured more positions and moved stops to BE.

A runner is still running and will be updated when it's closed.

Related Ideas

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out