50RR+ on AUDJPY LONG !!
Been a while since I last posted because of personal reasons. But I never stopped trading ! A few wins here and there but nothing post worthy till this beauty. Weekly/Daily charts had been extremely bullish on AUDJPY the past few weeks so I was on looking for Longs specifically. After a massive displacement to the upside on the 1Hr chart, leaving a nice Demand Zone (RED BOX). I began waiting for a opportunity to long from the area if price happened to retrace back to it again. Took the entry off the 2min TF. I've been refining my lower TF entries off higher Tf POI for the past few months. If you look back at some of my setups I had bigger SL and I just wasn't liking my RR. But now I'm liking my RR on positions and my new entry criteria has helped me be apart of more momentum based trades. The trade ran for about 50R+, no I did not secure 50% on my account lol. This was also the first trade where I actively was taking partials as it ran more and more in my direction, secured about 20R in regards of my accounts equity. But I closed the position on about 30R on the charts. Hope to post more consistently going forward. Safe Trading !
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.