pottential trade for gbpjpy 20-25 pips profits, we are right not on a big resistance from here we have a high likely chance to see first a retest before we really break that huge resistance, we need a Verry bullish news for gbp against jpy to comfortably break that resistance and stay above it by the coming week, so keep in mind when we break that resistance and have at least a daily close above that level then we look for more bullish continue to probably back towards previous monthly highs. so incase there is no news today then we have a highly chance to make 25pips profits with this pottential trade, also do not risk more then you are able to lose I personally always recommend to trade with no more then 10% of your total networth and from that to not risk more then 1% per single trade. your profits do not need to be made in 1 single trade but with time your winners will be bigger and your losses will not effect you so much, we can't be right on every single trade but so long we are more often right then wrong and or risk management is good then we will slowly grow month after month and year after year and before you know you making more profits then the majority of the people you know and you will become financially independent and able to travel and live wherever you wish
Trade closed: target reached:
Take profits hit! enjoy your weekend and be happy with the profits