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I took +300 usd/jpy and +250 just today on gbp/jpy so feeling quite smug
Looking to short gbp/usd at the open next week. probable swing short signal there. Also looking at eur/usd short but I'll decide at the open if I'm going to do them ;)
About the swing trading, could you provide more information? Some links or few ideas maybe?
Hi all today JPY is look stronger at Asian session, but after the closed month of february so many taking profits action give affect to hold USD to more low. We'll see the next movement. I like to set trailing stops when get +50 or more profits, for GJ maybe set to 15, but it's look not enough for this pair, but i have worried to add for 30 or 45, cause high volatile movement ???
Hi all today JPY is look stronger at Asian session, but after the closed month of february so many taking profits action give affect to hold USD to more low. We'll see the next movement. I like to set trailing stops when get +50 or more profits, for GJ maybe set to 15, but it's look not enough for this pair, but i have worried to add for 30 or 45, cause high volatile movement ???
15pips trailing stop on GJ is the same like closing the position by hand ;) Actually it is better to close it and take the 50pips than setting 15pips trail. If you are afraid of high volatility, keep the stop atleast at 100pips for that pair or don't trade it.
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