Bullish GBPJPY until New York close tomorrow.
Price action around the 5 EMA on the daily time frame suggests that GBPJPY could move up or stay above the 5 day EMA until close of New York tomorrow. Since the previous daily candle closed above the 5 EMA, I expect it to do it again.
My plan is to use the 15 minute time frame to make entry. I am only looking for buys within support structures.
Each position consists of a 20 pip stop loss and 200 pip take profit.
I only allow a maximum 10% loss of account value for the day. If 10% is reached, then trading ceases for the rest of the trading day.
Each position is worth 1% giving me 10 attempts to gain a solid foothold in the market.
My plan is to use the 15 minute time frame to make entry. I am only looking for buys within support structures.
Each position consists of a 20 pip stop loss and 200 pip take profit.
I only allow a maximum 10% loss of account value for the day. If 10% is reached, then trading ceases for the rest of the trading day.
Each position is worth 1% giving me 10 attempts to gain a solid foothold in the market.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.