SHORT GBPJPY
Entry: 145.725
SL: 146.500
TP1: 143.800
TP2: 142.200
Market reacted below descending trendline resistance.
Similarly, MACD indicator showed a bearish cross signalling for market to go lower.
This trade was entered yesterday but I forgot to publish it. However, as expected, market has moved in my direction. I have also moved my trailing stop lower to protect this trade.
Trade is now risk free.
Entry: 145.725
SL: 146.500
TP1: 143.800
TP2: 142.200
Market reacted below descending trendline resistance.
Similarly, MACD indicator showed a bearish cross signalling for market to go lower.
This trade was entered yesterday but I forgot to publish it. However, as expected, market has moved in my direction. I have also moved my trailing stop lower to protect this trade.
Trade is now risk free.
Trade closed: stop reached
Got whipsawed out of my position...Upsetting but not a real concern here as trade was already risk free with a bit of profit protected
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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.