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FXCM
Jan 17, 2019 9:55 AM

Breakout Identified in GBPJPY Short

British Pound/Japanese YenFXCM

Description

The Breakout Opportunities system has just sold GBPJPY at 139.574. The system recommends entering this trade at any price between 139.268 and 139.842. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.375, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 140.647 and a profit target has been set at the 1 Day ATR level at 138.35. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 61221
Time Issued: Thursday, 17 January 2019 08:20:16 GMT
Status: open
Entry: 139.268 - 139.842
Limit: 138.350
Stop Loss: 140.647

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comments
spindriftur
lost all my savings, thanks
gtomi001
Your system has to check the news(Brexit,Trump,China) as well before making any decision:)
gtomi001
@gtomi001, I think,it's cancelling order.The open point didn't reach
UnknownUnicorn3983388
Same think and see break, its SELL can say
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