GBPJPY Update with 1600pips in pocket Before Brexit
Hi, i know some of you may have strictly followed my trade about GBPJPY to long,short then long again from one month ago and have had around 1600 pips profit in pocket. Now, as Brexit is coming, i strongly suggest for most of you do not trade any pairs involved GBP and EUR, those are high risk.
For those who wants to use profit to take a trial, here is the plan. Some of you may have known from my previous update that my short position around 163 was auto TP on 151.5 and long position was auto activated on the same price level when i was sleeping (OMG). Although the new long trade has earned 90 pips, I'm not putting too much hope on this trade.The reason is very simple, just because the time is not correct when the price reached this price level. Too early before Brexit. SO here is plan B, if price really drops, the green zone together with the orange line would be second trial to long it.
For those who wants to use profit to take a trial, here is the plan. Some of you may have known from my previous update that my short position around 163 was auto TP on 151.5 and long position was auto activated on the same price level when i was sleeping (OMG). Although the new long trade has earned 90 pips, I'm not putting too much hope on this trade.The reason is very simple, just because the time is not correct when the price reached this price level. Too early before Brexit. SO here is plan B, if price really drops, the green zone together with the orange line would be second trial to long it.
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Another trade activated on 151. Currently 151 and 151.5 are on, and i won't open anymore till it either rally up or hit my SL for my yellow zone.
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Has not hit my SL which is below 150. Although i do not take too much hope for this first trial as the time factor is not met, let's let the market decide.
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Trades SL below 150
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Pending for further entry chances in green zones.
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Re-enter long on 149.92 after first green bar complete.
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If it shows big resistance on 150.866, i will move SL to entry immediately this time. SL is below today's lowest price.
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30 mins shows pin bar. Protect the new entry.
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almost reach the resistance.
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Now is 151.9, from our re-enter long on 149.92, 200 pips earned which already helped cover our this morning's loss.
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Add back the positions used to take profit yesterday on 149.2.
Now 149.9 and 149.2 two positions are inside.
Now 149.9 and 149.2 two positions are inside.
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Total lot size no change but pull down the average entry price.
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150.9 now, two positions(149.2 and 149.9) have earned 280 pips!
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151.175 hit today, 334 pips for two positions.
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rest positions were hit entry level, out first. Come to green zone now.
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previous two trial, 1 trial SL, 1 trail took partial profit and out, in total lose less than 1% of my account.
Reenter in 145.6 just now in my plat form.
Reenter in 145.6 just now in my plat form.
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148.83 hit, from145.6, 323 pips earned
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149.782 hit, from 145.6,418 pips earned! Plus previously earning in this pair, 2018 pips earned!
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Still hesitate to take my class? OK, u will miss more2000 pips. lol
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Hit 153.517,as i said green zone's time factor is better,around 2400 pips u can earned in this whole setup.
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Are u still wait for more times to miss 2400 pips trade? If u attend the trading class, u can get it by yourself. :)
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154.1 hit, 2460 pips earned. Let's see if this set up can make 4000 or 5000 pips profit.
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Hit 158.087, 2860 pips earned.TP partial.
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Hit 160.110, but i TP most partial on 159 and the rest were hit entry. Total 2952 pips, almost 3000 pips.
