USDJPY - BLUE MIND FX - 13/01/2020 - Account Doubling

2020-01-13 15:39:44

USDJPY as previously published has multiple confirmations for a short trade.

Trend line from 15 months ago as well as current resistance and Volume Profile showing signs of exhaustion.

Sharing an idea for a potential no risk account doubling trade.

These types of trades you would use profits from the trade to add to your position and move SL to break even for your TOTAL POSITIONS to minimise risk.

I would always look for a pullback to add to positions but I have indicated areas where this may happen.

Good Luck, Happy Trading!

Veela

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