Day 108 | USD/JPY DCA Reverse Strategy (29th of November 2021) - profit of 1655.58 BIT

in #forex • 3 years ago

Yes, I know that it's been a while since my last post but the main reason is that I actually really now focus on the best setups of the month and then basically just wait for the profits to come. The main improvement of my strategy is that I pay a lot more attention to the location we are currently in the trends of particular pairs. This time I was trading USDJPY as it was just so extended - overbought over so many days. So to me it was a signal to start placing sell limit orders.

Last week I actually had my record earning day (over 900 BIT which was over 9% of my starting balance) when I closed all the orders as USDJPY finally fell. Thanks to this my current account balance is: 16018.11 BIT.

29-nov-2021.png

DISCLAIMER: I'm not a financial adviser and this is not a financial advise. Remember, most traders lose money.

#usdjpy #dca
3 years ago in #forex by
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