cyril.moore

USDJPY SHORT

Short
cyril.moore Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
5
Hey there!

Generally speaking, I'm testing my new trading system.
IMHO, it is a great experience to write down all your trades, as it is much easier to analyze them later.
Thus, I'm publishing my ideas here. It will be also great if some of my trades will help all of us to get some profits)

I'm also attaching my risk calculations.
Normally, my risk per trade is 3.5% per trade.
It is much easier for me to trade when I understand what is my risk per position.

P.S. Target area is changing depending on entries (as you could notice I use multiple entries). I'm going to update all the data inculding targets as long as the trade remains opened.

Cheerz!
Comment:
ENTRY 2 has been reached
Thus, the average price is 116.1
I can assume that we can see a slight furter move in the same direction before the price will reverse.
I hope that we'll be able to reach ENTRY 3 (but not sure about it)

TARGET remains the same for now
Trade closed manually:
A poosible bounce can happen pretty soon. Don't want to wait.
THE TRADE WAS CLOSED WITH PROFIT AT 113
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