USDJPY-Long (Personal Trading Journal)
Still moving up after recent consolidation breakout. Resistance 125.85 (after 125.54).
I only partially took advantage of the move up from 123.64 to 124.44, attempting to scale into trade, only one limit order was executed. Gains were minimal. Now confirming break above resistance zone and good risk/reward, I will be more aggressive. I have position myself to still take advantage of any pullback, but have entered 2 aggressive limit orders and one more conservative, closer to support zone. 1 of my limit orders has been filled at 124.89.
TPs start at 125.45, but most are above 125.65.
I only partially took advantage of the move up from 123.64 to 124.44, attempting to scale into trade, only one limit order was executed. Gains were minimal. Now confirming break above resistance zone and good risk/reward, I will be more aggressive. I have position myself to still take advantage of any pullback, but have entered 2 aggressive limit orders and one more conservative, closer to support zone. 1 of my limit orders has been filled at 124.89.
TPs start at 125.45, but most are above 125.65.
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