GBP/JPY SHORT Keeping my Position Short (update)
Still in my short position currently.
First targets have been hit. Closed of half of the position and now time to try let my "Runner" run.
When my "Runner" in on, I've got NO SET TARGET. Awaiting my "Opposite Trade Signal" to tell me to exit as it's apart of my exit strategy and to get Long. Until then I'll be checking again if a few hours whilst I sit on my hands. Waiting for my next signal telling me what I should be doing. I've got some idea's of where price is trying to go but it might take a little time to get there. But like I just said, once that signal appears I'm out of the trade and getting long.
I'll update when things happen :)
First targets have been hit. Closed of half of the position and now time to try let my "Runner" run.
When my "Runner" in on, I've got NO SET TARGET. Awaiting my "Opposite Trade Signal" to tell me to exit as it's apart of my exit strategy and to get Long. Until then I'll be checking again if a few hours whilst I sit on my hands. Waiting for my next signal telling me what I should be doing. I've got some idea's of where price is trying to go but it might take a little time to get there. But like I just said, once that signal appears I'm out of the trade and getting long.
I'll update when things happen :)