USD/JPY - TAG System Trade #1

От Mmawesome
Обновлено
There were many possible scenarios and we were patient waiting to see what the market will tell us.
Now we see one clear and Most Likely scenario.
1. There is clear 5-3 --> 5 pattern
2. Fits the big picture
3. Safe wide Stop-loss
4. Many possibilities (if right) to add to a position and manage risk
5. Good RRR at least 1.5 (depends how the market will move, we might have to take less than 2 RRR)
Expected Value = 80% * $150 - 20% * $100 = $100
but with adding and managing the risk the expected value will rise
Комментарий
Here we go guys! I personally love this position and I'm averaging in. снимок
Комментарий
Everything is based on this first 5wave Retracement that needs at least one more 5wave lower before it breaks 110. For now everything is going by the book maybe just a little more complex wave B than expected which worries me a bit but i'm still holding on and adding even more. снимок
Комментарий
The Momentum slowed down, and we are entering a consolidation zone and it's best to just cut your positions and wait for more certain market. снимок
Chart PatternsTrend AnalysisWave Analysis
Mmawesome

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