249.7 PIPS IF YOU USED ALL THE TP'S AND CLOSED ON THE REVERSE SIGNAL!
Depending on your strategy if you took this trade you could of banked from the TP's or banked when a new signal appears.
We follow trend signals so we would of closed our buy at +2.3% gain (1% risk) and opened a sell (1% risk) now running +5.2% open.
OUR STRATEGY EXPLAINED:
Morning everyone, as shown visually on the chart when the price comes to the round level of 134.000. Wait to see how it reacts and try to get filled for a 50 pip buy scalp on GBPJPY.
TP: +50 pips
SL- 25 pips
NY session is underway. Keep an eye on GBPUSD and the area of interest. Remember to spot an entry signal that works for you. Don't just enter when the price simply hits the price.
any questions, please leave a comment
Morning everyone, hope you are all well.
GBPJPY - very choppy market as expected. The market has whiplashed traders in both directions. Signs are showing we can move further to the downside.
Waiting for confirmation on the entry. NY open is in 28 minutes. Within the next hour, we will be able to establish if the trade is valid or not.
Any questions you may...