"People sometimes mistake luck with skill"
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DislikedI'm almost exclusively trading GBP/JPY (Guppy).
I've a live trade.
Long @227
SL 50
TP 125
Anyone wants to ride with me?Ignored
DislikedHi,
I am new to trading and woud love if we could share our thoughts on the movement of various pairs. For instance, regarding this particular trade, why do you think the pair is going to go up and is there any thought process for placing the SL and TP levels?
BTW I just opened a long position, because a pin bar formed earlier today near the weekly support of 226.50 and the price has bounced off those levels. For me the SL is at 226.50 level which is the downward support level. I don't hvae a TP level at this pont.Ignored
Dislikedhey 20 pips
i'll ride with you next time.
i was just about to start my own gbpjpy thread when i found this.
here's a trade i was just in.
i exited shortly after the screen shot as price closed above the red line on the bottom.
gbpjpy 15m
entry at the open of the bar marked with arrow. closed out at +110 pipsIgnored
DislikedCongratulations my Friend!!I am happy that the trade worked for you. My trading style is much different than yours as I cannot continuously monitor my trades like you can. So I just booked a loss. I will continue to look for some good setups on 4hr/1day charts and take a position.Ignored