20 Jun 2023

19 June 2023: GBPJPY

 GBPJPY long trade on 19/6/23

- GBPJPY got trend alignment to the upside on daily, 4 hour and 1 hour timeframe. The correlation also show GBP was stronger than JPY. Therefore a long trade was a logic option. Trade classification was A trade.


- Entry time 2:14pm
- Risk 0.25%


Post Analysis

- Scratch the trade with small profit.
- Reason to scratch the trade was price seem has difficulty to go up.
- Unable to see another chance to re-entry.