U.S. Dollar / Japanese Yen

Short

USDJPY Short 1.4:1 RR

Updated

Order is set. 6.6 pips, very quick.
Might be good though.

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We're pulling back.

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Order cancelled

Removed order. Price broke swing, trade is invalidated.

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Trade active

Got in like that after the drop. Line in the sand - dotted line. Basing on 1M chart. Quick trade. 9 pip stop.

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Closed below. Still holding. Very quick to exit.

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Still below. Keep holding. Very quick management.

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Still below. Keep holding.

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Good close. Break below the dotted line = moving stop.

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Moved stop. Risk reduced from -1 to -0.31. Clean. Holding.

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We break further down - we move stop to BE. As per the 1M market structure.

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Moved stop to 144.604. -0.1 risk now.

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We break further down - moving stop again to proper BE. Holding.

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Or we get a break above this short-term pattern line - and will be out as well.

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Moved stop to 144.580. +0.13 at the stop. Well played.
Now either full profit or +0.13 at the worst. Or something in between if we get a close above the line.

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Trade closed manually

Out for +0.2. Closed above pattern line.

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Our strike rate on Early Exits is pretty good =]

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Good start of the day.
On to the next one.

Lightwork_

Lightwork Trading

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