FX Trade #2; USDJPY
May 9/18
Trade: #2
Pair: USD-JPY
EX: MT4
Time frame: 1D
Starting Capital: $536.25
Account Risk: 2% max.
Risk per Trade: volume: 0.02 units (2 micro-lots)
Order Type: Pending: Buy Stop
Entry: 109.878
R:R: 1:1
Pips: 95
PT: 110.83
SL: 108.967
P/L: +$6.02
+$8.25 = +$14.27
Balance: +$550.52
Trade Time: morning
Total Time: 6 days
Strategy: Trend: Uptrend
Filters: ST + EMA + WP
Found: Scanner
Sizing: 0.02 units
Setup:
Found entry according to my rules.
Set up entry, SL and TP1 according to rules.
PT1 of 0.01 lots hit on 4th day and I moved SL to entry level.
On 6th day worried about a reversal and took closed the position to take profit on second 0.01 lot.
Lucky to close the position as the market had reversed and JPY took it’s larges plunge down in one day in over 5 years.
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