Forex Trading 2018- TA/FA- Setups and discussion, page-64

  1. 8,720 Posts.
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    Hi folks

    An update on my 12h trade diary. Neither of the 2 setups this morning triggered their entry levels so no positions entered on those setups. This evening I have 4 valid setups, as follows:

    Market: EURJPY
    Chart timeframe: 12h
    Direction: Long
    Entry level: 135.507
    Stoploss level: 135.147
    Pips at risk: 36.0
    Take profit level: 135.867 (36 pips from entry)

    Market: GBPJPY
    Chart timeframe: 12h
    Direction: Long
    Entry level: 152.824
    Stoploss level: 152.506
    Pips at risk: 31.8
    Take profit level: 153.142 (31.8 pips from entry)

    Market: GBPUSD
    Chart timeframe: 12h
    Direction: Long
    Entry level: 1.36127
    Stoploss level: 1.35822
    Pips at risk: 30.5
    Take profit level: 1.36432 (30.5 pips)

    Market: USDJPY
    Chart timeframe: 12h
    Direction: Short
    Entry level: 112.171
    Stoploss level: 112.394
    Pips at risk: 22.3
    Take profit level: 111.948

    Will update in the morning if any are triggered.

    Cheers, Sharks
 
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