U.S. Dollar / Japanese Yen
Short
Updated

USDJPY Short

244
Same thing here as with the previous trade. We have to execute our trades without hesitation just as Mark Douglas teaches. Once the Edge is visible. We must enter all opportunities.
Trade active
The probabilities of the edge are looking good. This is not something to get crazy about. As M.D. says, there is a random distribution of wins and loses for every edge.
We have added a Trading view alert so that we know if Price hits TP2 so we go ahead and protect the third entry to BE.
Trade active
TP2 Hit.
Third entry protected to BE.
We are experiencing the "risk free trade".
M.D. explains in his book that there is no better situation like this one. In this moment, emotions cam't play any game on us. We are completely risk free. Our first two entries have hit TP. And the third one is free or risk.
Trade closed: target reached
Third entry hit BE point.
+1%

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