Long

USDJPY long 1.4:1 RR

By Lightwork_

Updated

After previous Short failed in terms of moving up, it formed a trade Long for us. Will see how it goes.

Trade active

In.

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We need a 15M close above levels to hold. Otherwise - we're out.

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Bad close, but giving it a bit more time.

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We need a break above these levels on 1M, if we get a rejeciton instead - then that is a lower high and we're out.

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Good 4M close.
Ideally we will be getting a break to the upside soon, if not - out.

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Starts to look like lower high on 1M. Waiting for some final confirmations before Early Exit.

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Price decelerating, but waiting for the break to make a decision.
Finger on the trigger though.

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Holding.

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Good close. Holding.

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Moved stop to 144.100. Reduced risk from -1 to -0.36. 3 times. Great.

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Good 4M close. Holding

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Moving a bit against us, but might be a quick retracement. Stop is moved for that specific reason in case price keeps going down.

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Stop trigerred. -0.36.

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Price took us out and immediateley went into full profit. Gonna take a break till next week. Need to recalibrate. Very tough week.

Lightwork_

Lightwork Trading

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