USDJPY SELLS
Liquidity grab, Order Block, Fibonacci Extension
I took SELLS on #USDJPY this morning. Looking to move my SL to BE once TP 1 gets hit. I'll take 20% off the position each time my alerts are hit at 1:1, 1:2, 1:3, 1:4, & 1:5 intervals if the trade pushes that far. I just have to manually monitor the trade once it gets to TP 1 or into profit enough to where I feel comfortable walking away from the charts and then it becomes a risk free trade once I move my SL to BE. I don't have to calculate my lot size or anything. I just enter the percentage of my account that I'm willing to risk and the Trade Assistant MT5 automatically does all other necessary calculations for me. R:R 1:5 #StressFreeTrading
I took SELLS on #USDJPY this morning. Looking to move my SL to BE once TP 1 gets hit. I'll take 20% off the position each time my alerts are hit at 1:1, 1:2, 1:3, 1:4, & 1:5 intervals if the trade pushes that far. I just have to manually monitor the trade once it gets to TP 1 or into profit enough to where I feel comfortable walking away from the charts and then it becomes a risk free trade once I move my SL to BE. I don't have to calculate my lot size or anything. I just enter the percentage of my account that I'm willing to risk and the Trade Assistant MT5 automatically does all other necessary calculations for me. R:R 1:5 #StressFreeTrading
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