OfficialJ23

GbpJpy Trade Update/Idea

Short
FX:GBPJPY   Sterlina / Yen giapponese
I published shorts on GJ and stated my reasons for doing so. My original stop ended up stopping out after I moved stops to 10 pips from 20. I did manage to secure some profits after price dumped my way but the runner got stopped out which is fine. Once price broke above and crashed back down below to my original entry that's when I decided to go short again for 1:3rr. Sells were still valid since price never made bullish structures. News ended up playing in my favor and all targets were hit! As of now I would wait to see price recover or continue making those bearish structures before looking to go short again.
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