JPY had some news releases during Asia, presenting a weak JPY so i was already eyeing EUR & GBP / JPY.
When london opened, there was a minor news release, indication a strong eur, and i started looking for an entry signal
No LL was made
price moved sideway at my entry area and moved strongly
i entered the trade with a generous SL. took 2 trades as usual. 1 w 2r and 1 with 3r, which was nicely in line w Asian highs.
I did look into the possibility that the price will dip lower and go for the asian lows, but my TPs were not that crazy so I went with this trade.
Prices are nearing Asian lows now but i will only explore trade opportunities during the next london session.
FYI- my entries are on 5m but i cant post in 5m due to tradingview limitations.
thanks!!
When london opened, there was a minor news release, indication a strong eur, and i started looking for an entry signal
No LL was made
price moved sideway at my entry area and moved strongly
i entered the trade with a generous SL. took 2 trades as usual. 1 w 2r and 1 with 3r, which was nicely in line w Asian highs.
I did look into the possibility that the price will dip lower and go for the asian lows, but my TPs were not that crazy so I went with this trade.
Prices are nearing Asian lows now but i will only explore trade opportunities during the next london session.
FYI- my entries are on 5m but i cant post in 5m due to tradingview limitations.
thanks!!