USD/JPY - Trade #6
Updated
Certainty: Really High (market retracing before going lower/going higher)
Risk - Reward: Also really good
Positive expected value
Risk 2%
Good Luck, Trade Well
Risk - Reward: Also really good
Positive expected value
Risk 2%
Good Luck, Trade Well
Trade active
1.Put the SL at 109.20
The market didn't play like we needed.
The uncertainty arises and makes me uncomfortable.
2.Cut the position in half (I'm so tight that i will cut my 2% risk into 1%)
3.I'm also willing to liquidate the position.
My analysis is correct but it seems like a stretch and if I'm not certain then I don't wanna risk my capital and my clients capital.
Lower Your Risk Right Now!
Trade closed manually
We might see the market going to 109.80 and then going even lower (great opportunity for buying)but if we hold the position with a SL at 109.20 and target at 109.80 with this kind of certainty, I don't know what the expected value will be so if you're willing to hold on to get small profits it's up to you. I trade only the best setups.
Good Luck, Trade Well
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