Initially we happened to buy the usdcad.....
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| We bought the usdcad while held the nzdjpy short. |
We sold the usdjpy and these were the results....
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| We went short on the usdjpy. |
We almost hit our take profit which was a little bit painful because
the ask price did not initially hit our target as buyer persistently
continue to scalp the market which was risky for them.
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| Almost at out take profit. |
The
ask price initially did not consecutively hit our take profit like the
bid price did and hence price retraced a little bit.......
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| Ask price nver touched our target price and hence price retraced a little. |
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| Price moving towards our target take profit. |
Look at what happens next.......
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| Target was hit banking 81 pips. |
Both targets get banked on the same evening.
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| And after sometime the eurusd hit our 100 pips target. |
These were the 5 positions.
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| 5 opened positions. |
We managed them and the prices were in our favor.
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| 5 profitable positions. |
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At some point our take profit target on AudJpy got hit.
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| Take profit got hit on AudJpy. |
We were left with four positions and the EurJpy moved towards our target.
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| EurJpy almost got hit. |
Took a little bit of time before approaching our target levels.
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| EurJpy approaches our take profit level. |
We finally see price hit our take profit and we bank
in appropriately as we are left with three other positions to manage as
you can see.
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| The EurJpy pair hits our take profit and banked accordingly. |
