Monday 11 February 2013

11/02/2013 GBP/JPY long (loss)


This was a trade taken off the M15 chart, based on the 3 time frame strategy (explained here). Risk was 0.5%, and target was 3:1 RR. The entry chart shows stop loss, entry and target.




and here is the exit chart, showing price going down and hitting my stop, giving me a loss.





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