Wez1981

GBP/JPY 15 Feb

FX:GBPJPY   英镑/日元
Good morning fellow traders,

My current take on the market is that we are still in a range/correction and will be seeing some up movement.

My trades will be as follows :
1. Market execution buy (141.468 @this moment) and taking profit @141.800
2. When new candle open below 141.800 enter with a sell and TP @141.120
3. I think 141.120 will be the turn around area for the market to start moving upward and will enter a long at or above 141.120 and take profit at 141.800
4. With new candle above 141.800 my target point would be 142.450 or the top diagonal line.

always keep in mind the risk on all transaction and apply the best mitigation method suitable to your trading personality and style. Be safe
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