CHFJPY - Short 3 to 1 - Trend Continuation trade

13 May 2019

Hello all

This trade meets my entry requirements, Bearish engulfing a few hours ago at Resistance (indicated with the down arrow)

Retrace of that candle by 50% - I am now in that trade manually - Price action by the bulls is small compared to the bearish candle.

It has started to roll over and make lower highs and lower lows too

I am conscious of the Bulls winning the daily candle battle, so it could climb higher, however rules have been met and I am in the trade


Thanks for looking

Duncanforex.com coming soon.

14 May 2019

İşlem aktif

Hi all, trade is still active however stop is moved to 108.82 to halve my risk.

15 May 2019

İşlem aktif

trade still active, however being watched closely due to back and forth price action today

20 May 2019

İşlem elle kapatılmış

Hi all, trade closed manually in small profit on Friday after Trump changed his mind on trade taxes