GBPJPY 60M Long&Short

2019-11-10 08:31:53

Hello traders!

There are two possibilities here, a long from line B to A for 30 pips and a short from lines C to D for 30 pips,
depending on which way the market heads on open. These trades will be void however if the market opens
with a gap that disrupts current price action.

These trades can be taken with a buy stop or sell stop order as a set&forget setup.

It`s recommended to position stops no further away than 1:1 RR away from entry, although this
may vary with markets and volatility.

Best,
Jay