Possible Long USD/JPY position!!

SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


SMP Strategy

Chart time frame - H4
Timeframe - 2-3 Days
A – Activating Event
Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 111.2
C - Fundamentals that may affect the pair
@ 23:00 on the 3/04/2020 AEST USD unemployment rate
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss.....
Target 1 @ 1.447
Target 2 @ ....

Risk/Reward @ 2.1

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!
Chart PatternsForexTechnical IndicatorsJPYUSDNEWSplanthetradestrategytradingTrend AnalysisUSD

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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