Osiris992

GBPJPY LONG

Long
Osiris992 Mis à jour   
FX:GBPJPY   Livre sterling / Yen japonais
if the price holds POC. omega entry on GJ will be good to take. since L50 seems to be swapping to sell zone. Grade B risk here.
Commentaire:

high EV play here on GJ will be if it pulls back to PD AVWAP and we go long in 2 breaks -
1st position after tag and rejection of PD AVWAP
2nd position will be an addition once price clears and sustains over POC.
Transaction en cours:

part risk in.
will add upon tag and rejection of PD AVWAP.
I have given this position more room to move by putting SL below the low volume node.
Commentaire:

above comment - something like this
Transaction en cours:

both positions active
Commentaire:
GJ has been trying to clear today's AVWAP but hasn't succeeded yet.
good thing that I started with 2 positions. 1R tagged in the second position and so I was able to book 0.8R on it, reducing overall risk on this trade.
PS. I did not over risk on this trade. my original size for Grade B is 0.3% so I started with 0.10% on 1st position and 0.20% on second one.

so essentially I can't lose money on this trade. even if it stops me out now, I will walk away with small profit. decent risk management
Trade fermée: cible de profit atteinte:

both positions off. booked. it's NFP friday to day so I am not going to get greedy now.
Cheers

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