Quick dinner time idea for today.
Our strategy says it's time for a short on GBPJPY
Working the H1 chart here with a risk reward ratio that is just shy of 1:2.5
Have a look and lets see where this trade goes.
I never recommend jumping on random trades as it's not a consistency trading structure to implement.
Any questions on the strategy in use feel free to ask.
As always the back test data is at the foot of the idea.
This years performance is shown to date. Based on £1000 capital risking 1% a trade.