USDJPY - Now we short

25 Oca 2024

So now it appears to solidify the price action breaking to new lows after an an obvious double top. The chart took out both sellers' and buyers' liquidity.

My last short term retracement bullish bias yesterday has hit a successful 1:14RR.

If price is retraced to where it is now, we may take a position short. There is a possibility of it going higher towards 148.27. If we get closed out we may risk another 1% above when lower time frame appears an opportunity.

Today we take a short position for 1:4RR on a larger swing down towards the higher time frame FVG and price level areas.

Wish us luck!

25 Oca 2024

İşlem aktif

Entered @ 147.768

25 Oca 2024

Not

Market trickery at its best.

Right before the news it induced a selling price action. Upon news open, it took out sellers' liquidity.

Trade intact, added a smaller position at 147.483.

Stop losses for both right above the latest wick at 148.

Now we wait for the trade to go further in our favour.

25 Oca 2024

İşlem aktif

Added 3rd position at 147.26, TP 146.73, SL147.82

25 Oca 2024

Not

Move all stop losses to 147.68

2x risk free trades
1x <1% trade

25 Oca 2024

İşlem kapandı: durdurma seviyesi

took a small loss one one trade, unfortunate it didn't run!