GBPJPY Long - The last of the correlations

2 cze 2021

So also long on a pending trade in GBP weakness last night.
At start of equity US open all GBP pairs moved down a bit.
As risk across 4 trades is 6.87%, going to adjust risk on some of these as my trading plan is max 6%.

2 cze 2021

Zlecenie aktywne

Initial Trade : GBPJPY Risk 1.61% 1.5R

2 cze 2021

Zlecenie aktywne

Stop moved to 154.47, Risk 1.13% now.


Still leaves 5.06% risk on table, but that is below my 6% limit.

3 cze 2021

Zlecenie aktywne

Holding for now, consider further SL move especially due to 4 hour trendline, which as I write it is respecting.

4 cze 2021

Uwaga

Entry at 155.10, Moved SL up to just above break even.
Only 50 pips in profit, but yesterday and today so far (hello NFP!), 155.23 the low.
Risk is +0.11% or something silly.

6 cze 2021

Transakcja zakończona: osiągnięto poziom stop

Ouch! Stopped out at breakeven.

6 cze 2021

Transakcja zakończona: osiągnięto poziom stop

Downside trendline was respected!
Triangles ....