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
Screenshot 2023-09-18 at 7.38.10 AM
Note
move my SL on 2nd entry lower, below 182.770Note
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 nextNote
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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And also I have solved my TP method dilemma. So expect premium trades next week!!Disclaimer
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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.