Wednesday, 19 December 2018

Shorting GBPjpy

Hi Everyone

The Forex Mechanics are shorting on GBPjpy . We think this pair will go South for the rest of the week.
But if our target is hit before  Friday we will take profit

Sell Stop:                   141.965
Take Profit:               141.130

That is like 100 Pips . However we are going to be using 10 Pips as our Stop Loss meaning take we will take 10 pips first and allow the remaining to run. 

This is not an advice for you to trade it is just for educational Purpose only.

Thanks

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