HakimMahmud

GBPJPY PULLBACK FOR SHORT TRADING?

Short
FX:GBPJPY   British Pound / Japanese Yen
Hello guys, For this month my trading review for GBPJPY is SHORT-term. Because what i found on weekly chart there already break lower trendline. So i decide to find KEYS LEVEL for PULLBACK area for enter the short position. This time i will use Stoploss around 200-230pips by the way my average or REAL stoploss trading what i use below 30pips but for this time i take RISK to swing on gbpjpy currency.

MY PENDING ORDER :

MY LOT 0.10
FIRST PO : 147.810
SECOND PO : 149.120
STOPLOSS : 149.825 (risk 200 pips)

TAKE PROFIT :
TP 1 :142.930 (winning pips 450)
TP 2 :139.820 (winning pips 780)
TP 3 :136.810 ( YEARLY TARGET) but not gonna hold my position to this tp.. hahahaha

ALL MY RISK ARE CALCULATE FROM FIRST PO. NOTED.

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