An illustration of how to use buy stop

Long

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Here is an exmplae of how to use buy stop order to help to catch good trade
please see chart

Comment:

BUY STOP TRIGGERED. IN MONEY ALREADY

Comment:

BREAK MAJOR RESISTANCE
CONTINUE TO HOLD MY LONG POSITION
250pips

Comment:

REACH 186. CLOSE HALF POSITION

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