Trading The Sterling Yen Uptrend
Following the two past vids on investing using this trending strategy, Today - I will buy the Daily pivot = Market open in Asia ~ 149.80/85 for 1.5 mini lots (15k)
And Add by limit buy order another 15k at 149.20 = the Breakout low for today ~ S2.
POSITION TOTAL would = 30k - Averaging 149.50.
Hedge placed at 147.80 for 170pts x 3 minis = $510 Total Risk
I aim to pyramid 1.5 standard contract averaging 152.50 to target 156 for a yield = $5250, - by June 2021.
Profitable trading and stay safe
Summerset
And Add by limit buy order another 15k at 149.20 = the Breakout low for today ~ S2.
POSITION TOTAL would = 30k - Averaging 149.50.
Hedge placed at 147.80 for 170pts x 3 minis = $510 Total Risk
I aim to pyramid 1.5 standard contract averaging 152.50 to target 156 for a yield = $5250, - by June 2021.
Profitable trading and stay safe
Summerset
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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.
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.