Short USDJPY at market

29 sept. 2016

I'm short at market from 101.78. Looking to target the trend-followers stops down at 101.34.

Price is well extended and past D1 ATR. Stop is above the 2x extension of yesterday's Inside Day range.

Will exit at market if price closes above 101.79 on the hourly timeframe.

29 sept. 2016

Trade fermée manuellement

Closed at market for a gain of +1.75R. Exited because of low dynamic R (below 0.3) with no logical place to move stop.

29 sept. 2016

Note

Target hit..