GBPJPY NEWS Short + 100 PIp Potential

12 juin 2019

Although, I am not a big fan of taking trades late in the US Session, This news trade is a good one. That said, please use appropriate risk management as the spreads tend to expand considerably late in the US Session into the Sydney Session.

We had a good push down on the GBP pairs on UK Brexit news and this pair has now gone into a consolidation between 137.73 (High) and 137.564 (Low). Moreover, it is now below the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 137.72
Stop = 138.02
Risk = 30 pips
Profit target = 136.62
Reward = 100 Pips
RRR = 3-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.

13 juin 2019

Transaction en cours

This trade has been triggered and is now Active :)

13 juin 2019

Note

if your Broker's spread have normalized, you can bring your stop loss to 1.37.92

13 juin 2019

Trade fermée: cible de profit atteinte

Good Set-up, Great result :)