Sorry I am just posting this update, I have been quite busy so I couldn't post immediately after getting into the trade, however I still think its useful to share because some of you may use a system that could give another entry opportunity for the current downtrend on GBPJPY
Screenshot 2023-09-18 at 7.38.10 AM
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SL was hit on the first trade. Nothing wrong, just price doing its thing. New buy setup unfolded. will be entering with a buy stop above the recent hammer
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My TP1
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2nd buy entry. 1st entry in profit already
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move my SL on 2nd entry lower, below 182.770
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Price doing its thing again, SL hit 2nd entry. I am still holding my 1st entry though, cus i believe price is still bullish for now. Will wait to see what happens next
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Just took another buy entry. we think we should be good for the bull run now, especially with use news out soon
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Depending on your risk, you should make 8% on these 2 trades
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Guys I have to be honest, I am extremely happy with my entry techniques, as you guys can see its fairly accurate. However, my challenge at the moment is knowing when to exit a trade before market reverses. Don't worry, I will be using today till the weekend to brush up on my exit technique so that I & you guys can really enjoy the max profits on each winning trade. Before the GBP news this morning I noticed that price was forming a sell entry, so I exited my trades and took a short position. I promise to be better and also be faster with my updates. thank you
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TAKE ALL PROFITS NOW!!!!
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Please follow this page and like this posts for more contents
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And also I have solved my TP method dilemma. So expect premium trades next week!!