sydneygolduk

GBPJPY SHORT - PRICE ACTION TRADER

Short
sydneygolduk Updated   
FX:GBPJPY   British Pound / Japanese Yen
1:5.5 RR

SL: 15.4 PIPS
TP: 84.8 PIPS
Comment:
Unfortunate SL, wicked and now in profits.
We will stop chasing RR and move to 1:4 to secure orders, we needed our stop 6 pips higher to avoid liquidity catching us out. Which still would've been a reasonable SL and RR of 1:4
We will now wait for another entry on this pair
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