U.S. Dollar / Japanese Yen
Long
Updated

1:5!

70
King W. Harbmayg’s
Journal Entry #39

“Direction” via 1H
snapshot
A. Is price above the 800 EMA?
—yes!

“Structure” via 15M
snapshot
A. Did price respect the low of yesterday’s market just prior to session open?
—yes!

B. Did the market invert from selling to buying pressure?
—yes!

Conditions are met!
Place the buy position when most optimal!
Note
Evaluation: BE+
A. I set my stop loss into profit,
B. Trailing stop loss was triggered at the retracement.

Result:
A. +$71

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.