Yesterday I closed my CHF/JPY Sell trade for just under 130PIPs. Very good profit considering I had the trade open for less than 2 days. I had posted the setup for this trade a couple of posts ago.
2 1829 minutes ago
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4 5530 minutes ago
- played out nicely as anticipated in previous chart post. The break below structure and retest is all I wait for & I rinse and repeat. In my opinion the simplicity in a strategy the easier it is to trade & more probable to make you more £ in the long haul. 📉
Here’s the trade I took on cable. She was nice to me after all ♥️. On the top left is the loss I took earlier in the day -0.5R. Took two looses on it but covered for that with a 5R trade. Entry: 1.3911, SL: 1.3906 Target/exit: 1.3942 Risk management is vital in this game. First picture tells what I saw on HTF and then I went on the LTF. Found a level I anticipated a break above and retest to buy. When I got in as soon as I hit a 3R I moved my SL to break even then let it hit my tp. TRADE WHAT YOU ANTICIPATE