TP misses by half a pip on USDJPY

Absolutely hate missing a TP by such a small amount!!!

Missed 26 pips on a USDJPY long by like .4 pips.

TP was at 157.852. price hit 157.848.

Price then dropped 15 pips.

Why, trading god’s, why?

Yes, it’s so annoying.

1 Like

do you think , you will take all pips from the market ? :upside_down_face:

That’s the plan, right? Doesn’t usually work out that way.

it is never work as you think “take all pips from the market” because we don’t know the future.

Always use TP and Trailing together. Sometime it happen due to legitmate market condition and sometime brokers try to manipulate the chart based on your SL/TP/Stop Orders/Limit Orders.

This sounds frustrating. :sweat_smile: I hope you did get to bag a few pips from that trade though! :crossed_fingers:

Has dropped a lot more just now - I’d say there are longs whose SL’s have gapped

That word ‘intervention’ raising it’s head yet again - just when the US closed & super thin liquidity so the BOJ get good value for a big move

Also the bargain hunters yesterday likely now out or soon will be when it goes under 153.50.

On this trade no, and another. O on the trade after. But you win some you lose some.

Been watching all da, walked away for an hour and bam! I was trying to scalp a couple of pips here and there. Definitely can’t do that so easy on 150 pip 5 min candle! What?!?!

157.50 down to below 153. Wow.