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Gbpjpylong

GBPJPY - Daily Trade Idea - 13-Oct-22GBPJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
1
HAVE YOU TICKED THE BOXES!?!? PLAN/RISK/EXECUTEIts simple.. fail to plan, plan to fail, just a few things that a plan includes are entry and exit rules, any rules that you can add to control your behaviour behind the chart, set times to trade, your strategy and the list goes on depending on the trader... a risk management strategy also ties into your plan, for me risk is the game changer in becoming a consistent trader. In your risk strategy you should have what your comfortable losing each trade, where to place stops, lot sizes, your leverage amounts to stick to your total risk each trade.. a strategy in place will ease the mind and give you a lot more control when in positions. Of course you need reasons for entering the trade.. how many confluences do you have? time frames? does it fit my trading strategy? is this my decision not based solely off someone else opinion... there a many questions to ask yourself without getting to confused... the market as I've always said is a hard way to make easy money, most will fail but the ones that want to learn and put the time and work in can succeed. Anyway hope everyone smashes it this week!!
Long
by jamison_fx
GBPJPY Buy Signal With Price ActionCheck out the technical analysis-based trade plan for the GBPJPY today. On the 4h to D1 period, the GBPJPY has produced a trend breakthrough, and we are now getting near to major support. We must therefore determine whether the prices for the GBPJPY pair will break through the support or rebound back to the recently formed highs. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by FTSCHART