Saturday 19 January 2013

10/01/2013 USD/JPY long (profit)



Long trade on H4. The yen pairs have been in a very strong uptrend lately. Great conditions for trading. Here is my entry chart with reason for the trade, and stop, entry and target. Risk was 0.5% of my account, and I was aiming for 2:1 RR (click chart to enlarge)





Here is my exit chart. Price went up, hit my target and gave me a nice profit of 2:1 RR.









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