EURJPY LONG

-Looking for continuation long, after the reversal at Daily 50% fib
-bullish divergence on 4H

Trade active

Note

Managed to get a good entry on this at 120 which I will now make risk free. Looking for this to continue long next week.

Happy weekend !!

Note

-
-I have bought 4 positions since 120.
-All positions are now risk free
-1st position approx 70pips in profit !

Note

-
I’ve moved my stop losses to lock in approx 65pips on the first few positions
-first position is approx 120pips in profit

Note

-
-I haven’t let any of my positions close out. The pull back was deeper than anticipated but I could see the pullback was ending very close to where my SL’s were moved so I stayed in.

Note

Several positions are all in profit!!

Just bought another position on the retest of the hourly level. This is my last buy on this trade.

Best position currently approx 140pips in profit!

Note

Last week jpy pairs dropped after some Coronavirus news. A few of my risk free positions opened up After 120.520 were stopped out. I have been buying again since open Last night.

If the pair can’t rise above 121.827 then I’ll take profit there. Ultimately would like to see this rise to 123.700ish

Note

Best position at present is approx 220pips in profit, will lock some in. Price is approaching some daily key levels. Will keep an eye out for any reversal at these levels...

Enjoy

Trade closed: target reached

Closed 8 positions in profit... worth the wait!!

+371pips
+313pips
+284pips
+275pips
+254pips
+228pips
+85pips
+35pips
——————-
+ 1845pips

Excellent!!

AkosD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

AkosD