Retracement on USDJPY, trade in favor of continuation
Saw u-turn/bounce off of 61.8 and cross of trendline to signal continuation
61.8% can lead to 127.2% and at most to 161.8
61.8% can lead to 127.2% and at most to 161.8
Trade active:
(03/31/17)
Demo trade
Open price: 111.763
SL: 112.780
Standard lot potential profit to target: ~$2,700
Mini-lot potential profit to target: ~$270
Micro-lot potential profit to target: ~$27
Demo trade
Open price: 111.763
SL: 112.780
Standard lot potential profit to target: ~$2,700
Mini-lot potential profit to target: ~$270
Micro-lot potential profit to target: ~$27
Trade closed manually:
110.45, good place to manually close as real time indicator shows.
Comment:
Of course, aggressively trading would be to keep holding the trade.
Comment:
I believe at 04/04/17 12:00 to 14:00 start, could be used to trade retracement, which I don't have a setups for.
Trade closed: target reached:
"Aggressive Trade"
Comment:
