buy in point and take profit point usd jpy
how it works
Good morning. Today let's discuss this actual live trade I took today.
Step one: I identified my trend channel using the two high points. This is how I identify a new trend.
Step two: I waited until the candles reached the top line again.
Step three: I took a sell trade in the direction of my trend.
Step 4: I placed a stop loss just above my trend line trade.
Step 5: I placed the take profit on the bottom sell line.
Now I move my stop loss to the break-even point ASAP and then let this trade run.
Note: it's important to follow your strategy rules and trade the same way consistently and treat every individual trade with a clear mind regardless of what the previous trade did.
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now the trade is runing how about a cup of coffy
