Taking a small day trade on USDJPY as resistance has been rejected and we've breaken out of the chart pattern.
In day trades the RR ratio is irrelevant, you have to place your TP an SL levels according to the chart nothing else.
Therefore risk management is key. These trades come and go often, so its better going small than big. No need for FOMO on a day trade!
In day trades the RR ratio is irrelevant, you have to place your TP an SL levels according to the chart nothing else.
Therefore risk management is key. These trades come and go often, so its better going small than big. No need for FOMO on a day trade!
Trade closed: target reached