Hi, i know some of you may have strictly followed my trade about GBPJPY to long,short then long again from one month ago and have had around 1600 pips profit in pocket. Now, as Brexit is coming, i strongly suggest for most of you do not trade any pairs involved GBP and EUR, those are high risk.
For those who wants to use profit to take a trial, here is the plan. Some of you may have known from my previous update that my short position around 163 was auto TP on 151.5 and long position was auto activated on the same price level when i was sleeping (OMG). Although the new long trade has earned 90 pips, I'm not putting too much hope on this trade.The reason is very simple, just because the time is not correct when the price reached this price level. Too early before Brexit. SO here is plan B, if price really drops, the green zone together with the orange line would be second trial to long it.
For those who wants to use profit to take a trial, here is the plan. Some of you may have known from my previous update that my short position around 163 was auto TP on 151.5 and long position was auto activated on the same price level when i was sleeping (OMG). Although the new long trade has earned 90 pips, I'm not putting too much hope on this trade.The reason is very simple, just because the time is not correct when the price reached this price level. Too early before Brexit. SO here is plan B, if price really drops, the green zone together with the orange line would be second trial to long it.
Note
Another trade activated on 151. Currently 151 and 151.5 are on, and i won't open anymore till it either rally up or hit my SL for my yellow zone.Note
Has not hit my SL which is below 150. Although i do not take too much hope for this first trial as the time factor is not met, let's let the market decide.Note
Trades SL below 150Note
Pending for further entry chances in green zones.Note
Re-enter long on 149.92 after first green bar complete.Note
If it shows big resistance on 150.866, i will move SL to entry immediately this time. SL is below today's lowest price.Note
30 mins shows pin bar. Protect the new entry.Note
almost reach the resistance.Note
Now is 151.9, from our re-enter long on 149.92, 200 pips earned which already helped cover our this morning's loss.Note
Add back the positions used to take profit yesterday on 149.2.Now 149.9 and 149.2 two positions are inside.
Note
Total lot size no change but pull down the average entry price.Note
150.9 now, two positions(149.2 and 149.9) have earned 280 pips!Note
151.175 hit today, 334 pips for two positions.Note
rest positions were hit entry level, out first. Come to green zone now.Note
previous two trial, 1 trial SL, 1 trail took partial profit and out, in total lose less than 1% of my account.Reenter in 145.6 just now in my plat form.
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148.83 hit, from145.6, 323 pips earnedNote
149.782 hit, from 145.6,418 pips earned! Plus previously earning in this pair, 2018 pips earned!Note
Still hesitate to take my class? OK, u will miss more2000 pips. lolNote
Hit 153.517,as i said green zone's time factor is better,around 2400 pips u can earned in this whole setup.Note
Are u still wait for more times to miss 2400 pips trade? If u attend the trading class, u can get it by yourself. :)Note
154.1 hit, 2460 pips earned. Let's see if this set up can make 4000 or 5000 pips profit.Note
Hit 158.087, 2860 pips earned.TP partial.Note
Hit 160.110, but i TP most partial on 159 and the rest were hit entry. Total 2952 pips, almost 3000 pips.
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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.