W on PEAKZ- seeing how this pans out Long

FX:GBPJPY60

British Pound/Japanese YenFXCM

Description

⋅ Feb 19, 2017 6:58 AM

buying on a Valid PEAKZ W

Comments

AndreValentin

⋅ Feb 19, 2017 9:16 AM

Hi really Nice analysis.
something caught my eyes and I was wondering why do you leave such a big margin for your stop loss?
Thanks

PatrickMPalkki

⋅ Feb 19, 2017 9:18 AM

@AndreValentin, i try to avoid Market Makers, i've done this set up 16 times last week and made 745 pips for total profit.

I usually take the measurement from my entry to TP1 and add that to my ATR of the candle i enter and that gives me my SL

PatrickMPalkki

⋅ Feb 19, 2017 9:19 AM

@AndreValentin, but i also have 4 strict rules i need to be confirmed before i can enter a trade. if one of these dont match, i dont enter