GBP/JPY 15m setup

in #trading • 6 years ago (edited)

Hello fellow steemians, its been a long while since i've posted and here's a quick scalp setup.

The momentum is on the downside for this pair and its having a pull back right now, i would enter a sell near 148.95 with a stop loss at 149.2. then TP 1 is at 149.49 and i would move my stop loss to entry + 1 pip for commission and close half of the position to continue the ride down.

EDIT 1: Nice move down as expected, i took half off and its a risk free trade to see how far it goes now

Global Prime is an Australia based broker I use for trading. They have very tight spread in exchange for a very small commission. Follow this link to get $1 off every lot! https://globalprime.finly.com/c/ZLIM

Please FOLLOW, UPVOTE, RESTEEM and COMMENT Below! Thank you!

#forex #setup #money #profits
6 years ago in #trading by
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