GBPJPY.P trade ideas
limit order strategy with high risk to reward(free knowledge) my name is benickking iam going to tell one thing about my new llimit order day trading strategy ,
1st go to h4 and see ms
2nd go to 1h and see for break of a ms
3rd you wait a channel or any pattern to break and retest in this case liquidity and smart money trading used but with retail price action
4.5 risk to reward straight tutorialmarket structure has beeen broked to the downside and then it has been acted as resistance so i took trade at it and i waited for a confirmation to come and i took that trade i kept sl at just abve the wick always trail your stop loss coz it may get affected by some ranges
11 risk to reward and 200 pips!!!in this trade i found last support and resistance of a market structure and kept sl under the before candle wicks
GBPJPY IDEA | Lets Wait and watch to BreakoutGBPJPY IDEA | Lets Wait and watch to Breakout.
Dont Trade in Consolidated Market. wait for proper entry.
Happy Trading.
GBPJPY SELLGBPJPY
Sell @ 155.85
SL 156.15
TP 154.80
Use proper money management
close this trade when you are satisfied
if price move up take entry again @ 156.00 with same SL TP
GBPJPY : Looking for great buying opportunity!GBPJPY is looking for great buying opportunity to make a to the upside & has the decency RR to make some decent profit. Always stick with risk management & then make entry.
GBPJPY SHORT IDEASHORT GBPJPY
ORDER PRICE 154.90
SL 154.60
TARGET 128.50
Analysis based on Monthly chart. So need patience and for positional trade only
If Stop Loss hit must Exit as the trend going to Change on Monthly
Idea is based on Resistance Level, Not a reversal confirmation Trade.
Those who wish to take more high probability trade can wait for reversal Candle confirmation on WEEKLY
All the best
GBPJPY | Correction completedGBPJPY Forecast: We will take a Long position @ 154.25 and collect profit by 154.55, 154.70 & 155.40 y risking 1-3%.
Tips: Keep trailing your SL after 20+ Pips to lock your profit.
Many confluence confirmed: Uptrend.
Thanks to all those who have followed me and liked my post.
Special thanks to all those who DM me and commented on my analysis wanting to know more about the trade.
expecting a 180 pip sell @153.90Price broken out of a triangle pattern and it could reject off of it. If price comes back to 153.90 it could create a shoulder head shoulder pattern showing confirmation for a sell.
GBPJPY Daily Analysis : ShortFundamentally, JPY is strong and GBP is weakening for the past week, and we expect it to become more stronger this week
Break of Structure. also containing a H&S formation in Daily graph and moving average cross - over gives us strong signs to SHORT -> GBPJPY. IF the Structure Breaks the Resistance Zone of 150, then exit the Short Position!
Take Lesser Contracts and Increase the Lot size while scaling in
GBPJPY | Time to Rally AgainGBPJPY Forecast: We will take a Long position @ 153.50 and collect profit by 153.70,154.30 & 155.10 by risking 1-3%.
Tips: Keep trailing your SL after 20+ Pips to lock your profit.
Many confluence confirmed: Uptrend.
Thanks to all those who have followed me and liked my post.
Special thanks to all those who DM me and commented on my analysis wanting to know more about the trade.
