British Pound / Japanese Yen
Updated

GBPJPY

157
- Previous Day candle closed bullish. If we are looking for buys we will take on until daily resistance formed on 31 may 04 and tp 2 on 12 sep 05
- If we are looking for sells we take on until tp 15 april 08 and tp 2 on 27th jun 05 daily resistance.
- Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day.
- We risk 5-10% of our capital. Close trades manually once price reverses to opposite direction and 1 hour candle closes below/above order Block.
- After hitting TP 1 or any TP {dont not re-enter new trade} , for TP 2 always use B.E .
Trade closed: target reached
TP 1 hit...

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