Swiss Franc / Japanese Yen

Short

Short on CHFJPY

Updated

1. Looking to short on the pullback
2. It just breached the 5m range.
3. Waiting for a pull back to get into the short

Trade active

Entered short @ 109.819

Note

SL @ 109.865

Note

TP @ 109.643

Note

SL hit, Re enter @ 109.865

Note

raise SL to a higher price to prevent from getting stopped out due to BOJ Interest rate news. 109.907

Note

TP Hit

Trade closed: target reached

Note

Post analysis: Mistake made was that stop loss had to be wider to account for volatility from BOJ interest rate announcement

Also on:

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.