USDJPY [1-3 days view]

2019년 3월 19일Long USDJPY
Entry: 111.285
SL: 111
TP: 112.5

Long position was kicked in as market pulled back towards ascending channel support. This also corresponds with a strong supply/demand level.

Market also testing EMA (120) where price reacted above before. This can also be seen on RSI (34). I have pointed it out using the purple arrows. RSI (34) also coming to test ascending trendline support.

2019년 3월 20일

액티브 트레이드

Market moved in the expected direction.
However, indicators now look abit weaker..

Moved my SL to 111.315 cover swap costs and commissions.

Trade is now risk-free.

I stress again. Risk management is and has always been of utmost importance.

2019년 3월 21일

거래청산: 스탑 닿음

Market reversed and took out my trailing stop. Risk free trade.