EURJPY Short Following Trend With 2.4-To-1 Reward!
Another @FollowMyForex trade: we just took a short swing trade on the EURJPY, following the momentum from the H4, Daily and Weekly timeframes.
This trade has a 2.4-to-1 reward/risk ratio and we'll be taking 50% off at our first target, letting the rest ride out the momentum of the downtrend.
Good luck, protect your capital and let's end this one in the green!
This trade has a 2.4-to-1 reward/risk ratio and we'll be taking 50% off at our first target, letting the rest ride out the momentum of the downtrend.
Good luck, protect your capital and let's end this one in the green!
Commento:
As planned we moved out stops to BE before market close on Friday. Now only a couple of hours away before market opens again, let's see what happened over the weekend. Updates to follow!
Trade chiuso: stop raggiunto:
Our EURJPY short stopped out at break-even. Capital preservation is the name of the game! Always have enough capital to take the next trade.