08.01.2020 GBPJPY London Daybreak Idea
Only for educational purposes, because the 8 AM (1H) candle is over 40 pips.
We don't go in the trade when the candle is bigger than 35 pips.
GBPJPY Buy Stop @ 142.944
SL: 142.430
TP1: 143.244 (30 pips)
TP2: 143.344
GBPJPY Sell Stop @ 142.380
SL: 142.850
TP1: 142.080 (30 pips)
TP2: 141.805
Risk management (3%)
Buy SL= -51 pips => 0.01 lot per 200 $/€
Sell SL= -47 pips => 0.01 lot per 200 $/€
Only for educational purposes, because the 8 AM (1H) candle is over 40 pips.
We don't go in the trade when the candle is bigger than 35 pips.
GBPJPY Buy Stop @ 142.944
SL: 142.430
TP1: 143.244 (30 pips)
TP2: 143.344
GBPJPY Sell Stop @ 142.380
SL: 142.850
TP1: 142.080 (30 pips)
TP2: 141.805
Risk management (3%)
Buy SL= -51 pips => 0.01 lot per 200 $/€
Sell SL= -47 pips => 0.01 lot per 200 $/€