U.S. Dollar / Japanese Yen
Short
Updated

Short USDJPY at market

534
I'm short at market from 101.78. Looking to target the trend-followers stops down at 101.34.

Price is well extended and past D1 ATR. Stop is above the 2x extension of yesterday's Inside Day range.

Will exit at market if price closes above 101.79 on the hourly timeframe.
Trade closed manually
Closed at market for a gain of +1.75R. Exited because of low dynamic R (below 0.3) with no logical place to move stop.
Note
Target hit..

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