Thread: Gbp/jpy
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  #171 (permalink)  
Old 05-09-2008, 07:57 AM
cadarkitek cadarkitek is offline
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In this case my TP wil be 10 pips before the next support. Thats what I normally do. If I was planning to Short 2 lots I would only close 1 lot at that point. I will be looking to short again 30-50pips below that support, just as how I'm gonna short below that blue line I post in a previous thread.
The 2nd lot from my last entry is at 170+ pips. Getting back some of that loss from that Long entry yesterday.
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