SMPTrader

Possible USD/JPY Short position!!

Short
FX:USDJPY   US-Dollar / Japanischer Yen
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe 1-4 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @111.966 - .... and fall to the 109.86. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 109.86


USDJPY

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 109.86
Target 2 @ ....

Risk/Reward @ 5.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

Follow your Trading plan, Remain disciplined and keep learning !!

Please Follow, Like,Comment & Follow
Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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