GBPJPY long trade
Pre-Analysis:-
Hourly chart
Trend Alignment:-
Entry:-
5 minutes chart
- Further sign of strength appear in 5 min chart.
- Entry after successful test at (2)
Post Analysis:-
- Lot size only 0.11 and entry using 5 minutes chart.
- Using trailing stop so it hit the lock in profit level
- Only small amount of profit only
Update:-
- Here is the much better way to trade GBPJPY
- Using higher time frame hourly and follow the VSA principle.
- This will be my core fundamental of trading. I will trade around VSA principle using hourly chart and this will put me into swing trading style.