USDJPY Short 1.4:1 RR

After getting out early on the previous trade, price actually dropped and is now giving us a second entry. All good.

Order cancelled

Order removed. Will recalibrate it later.

Note

Reset order. Pullback commencing.

Note

Pullback is close.

Note

Didn't get tapped in by 1-2 pips. All good. May still get in. Waiting.

Trade active

Tapped in. Removing EU order.

Note

Need a break below dotted line to reduce risk.

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Ideally we get a break below these levels.

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Stop is moved. Risk removed from -1 to -0.22. Almost 5 times. Great job.

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Very good 15M close.

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Price continuing it's intraday pullback. May still reverse from here to the downside.

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Risk removed fully. Stop at 143.861.

Trade closed: target reached

Very quick, and overall great. +1.5 result. Good trade, good management. Well played.

Note

The reason I target what I target instead of targetting lower. When that happens and I used to be in that trade I'd feel a lot of pain. But when I bank and price keeps going further - I don't really care. #KnowThyself.

Lightwork_

Lightwork Trading

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Lightwork_

Lightwork Trading

Also on: