USD/JPY long

20 Kas

As I explained in the previous post this entry would be image number 2.

To the left you will see how I marked where the bank came in and that was the zone I was waiting for but they decided to reinvest (marked with a $) and that's why I find my entry there.

I am currently in a trade and I have moved my stop loss to breakeven, take profit is marked with a red line.

Have a nice day.

21 Kas

İşlem kapandı: hedefe ulaştı

The trade returned to hit a stop loss that was pulled to break even.

That's the thing about trading, we know where the money is and where the market will react, but we never know how far it will go.
In my case here, the banks in Asia decided they were going to go down.

This trade ended in a slight profit just enough to cover the commission.

See you soon.

21 Kas

Not

As you can see, they went down to the second zone that I marked, and there we can also look for a long position, but the take profit must not be greater than the red line, because there in Asia the banks got involved to change the direction.

21 Kas

Not

They went below the zone, there is no entry for the long.