piparmy

GBPJPY Long Position - Target # 3 Hit

FX:GBPJPY   Funt Brytyjski/Jen Japoński
17
All 3 of our targets were hit. Giving us +110 Pips.

Hopefully you all made some pips on these moves.

**Special thanks to @mccropper for his great revesal call after the 1st 2 targets were hit..this came all the way down to our initial entry level..and then we got all 3 of our targets again. AWESOME!!!!

Just a side note: During the end of the NY Session yesterday I saw a few traders in the chat room say they were going short GJ and I warned that the previous momentum and a high percentage that the 3rd target would be hit in the next few hours. I got one reply back that it "felt" better to short this pair than to continue the trend (from the previous 3 days) to go long. We'l we can now see now how this gut feeling and no plan/strategy played out for them.

If you want to continue to lose your money / empty your account -- trade your gut feeling.

No plan + gut/knee jerk entries = negative account balance



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