GBPJPY Long - The last of the correlations

٢ يونيو ٢٠٢١

So also long on a pending trade in GBP weakness last night.
At start of equity US open all GBP pairs moved down a bit.
As risk across 4 trades is 6.87%, going to adjust risk on some of these as my trading plan is max 6%.

٢ يونيو ٢٠٢١

تم فتح الصفقة

Initial Trade : GBPJPY Risk 1.61% 1.5R

٢ يونيو ٢٠٢١

تم فتح الصفقة

Stop moved to 154.47, Risk 1.13% now.


Still leaves 5.06% risk on table, but that is below my 6% limit.

٣ يونيو ٢٠٢١

تم فتح الصفقة

Holding for now, consider further SL move especially due to 4 hour trendline, which as I write it is respecting.

٤ يونيو ٢٠٢١

ملاحظة

Entry at 155.10, Moved SL up to just above break even.
Only 50 pips in profit, but yesterday and today so far (hello NFP!), 155.23 the low.
Risk is +0.11% or something silly.

٦ يونيو ٢٠٢١

أغلقت الصفقة: تم الوصول لوقف الخسارة

Ouch! Stopped out at breakeven.

٦ يونيو ٢٠٢١

أغلقت الصفقة: تم الوصول لوقف الخسارة

Downside trendline was respected!
Triangles ....