British Pound / Japanese Yen
Long
Updated

Buying $GBPJPY here

189
Trade type BBB

Reasons for taking this trade:
- We are in daily demand.
- exgf move has already happened.
- 3OBs have been created hence fulfilling the 3-touch move strategy.
- 4HR candlestick might close bullish.
- We already have our choch



Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐

I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
Trade closed manually
Trade and taking a short now.

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