sizabici wrote: Wed Nov 24, 2021 2:33 pm 24.11 GBPJPY M15 MM 100% - THIS CAN BE A NICE TRADE with an R:R of 1:6 Also if the price gets higher and bounces dawn back from 154.00 we may look for a trade opportunity with a risk-reward ratio even higher of 1:5/1:12. But still, I consider this already a good ENTRY point. Let's see how we are going to manage this opportunity ...

PHASE A - t1 closed. t2 moved to BE and t3 moved the SL a bit lower to secure that if the trade goes against us (something that we do not want) we are still going to have no loss from now one since we have already toke some profit and by this the trade right now is safe. Still, if the price gets higher and bounces down back from 154.00 we may look for a trade opportunity with a risk-reward ratio even higher of 1:5/1:12.

That it is ... it did not play out as expected, but money in the pocket are always money in the poket