Shorting usdjpy from new 5min. supply lvl that formed near 1 hour supply lvl. took half of already letting rest run to final target.

B.S. Trading with Kenneth Lee

Hi all, currently in a usdjpy trade, already have half a position off letting the other run to the final target and moved stop to a new supply just formed.

B.S. Trading with Kenneth Lee

You could enter on smaller time frame and exit half your position at next support/ resistance , move to break even and then final target can be a higher timeframe support/resistance.

Are exits just guesswork?

Morning, eur short from a 5 min supply lvl, although might not work since it in 30 min. demand. Reason i took it is because it went pretty deep into the Demand lvl so it there might not be any buyers left.

B.S. Trading with Kenneth Lee

Hi all, this is my first post here. Here is a trade i currently have on usd jpy. took supply off 5 min supply. target is 1 hour demand below

B.S. Trading with Kenneth Lee