+17-03-2008+(before).jpg)
*Attached chart. Click on it for the enlarged version.
Hello everyone,
Initiated a short position on the USD/JPY at the price line of 97.12 at 4:56pm (Singapore Time) | 8:56am (GMT).
My price action analysis. To support that, my secret analysis is in my favour.
Stop loss at 97.39 (27pips) and Target Profit 95.80 (132pips). Risk : Reward = 27 : 132 = 1 : 4.8
Currently, am about 30pips in the money, have shifted my stop loss to protective stop at 97.11 (1pip in the money).
Will update as the trade goes by :)
Peace and trade safely everyone...
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