GBPJPY: Placing a Buy Stop for a break!
Looking at GBPJPY we are seeing a bit of a consolidation on 1H.
My MA's are setting up for a cross, but I will only get in if it breaks.
Here is my order:
Buy Stop for a break of 147.390.
SL = 35 pips, and TP 75 pips.
Risk: 2-5% depending on your risk appetite.
NB: I have changed my trading strategy a bit and will only be posting HIGH conviction trades, feel free top DM me if you have any questions.
Dazza
My MA's are setting up for a cross, but I will only get in if it breaks.
Here is my order:
Buy Stop for a break of 147.390.
SL = 35 pips, and TP 75 pips.
Risk: 2-5% depending on your risk appetite.
NB: I have changed my trading strategy a bit and will only be posting HIGH conviction trades, feel free top DM me if you have any questions.
Dazza
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