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08/07/2023 GJ small win
British Pound / Japanese Yen
Short
08/07/2023 GJ small win
By pipik
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Aug 7, 2023
0
Aug 7, 2023
TRADE EVALUATION:
- Price positioning in/close to Low-Trafic-Area [23.3 PIPs]
- Daily APM value 1.579 [157 PIPs]; Daily Price movement at time of entry 63 PIPs
- Entry at break of previous candle's wick, after strong 30m close, with anticipation of strong Pre-London volume push
- Executed during Pre-London "Session"
Asia created Daily low/D lower wick
- Managing trade position by setting SL at BE
[Stop-loss price= ~Entry price]. Moving SL at <6pips in profit.
- Risk exposure is managed by set rules, cutting 50% of a position at 1/2 SL.
- Exited at TP; +6.1 PIPs*
Chart Patterns
Technical Indicators
Trend Analysis
pipik
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