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In the previous post, I showed a trade I took for 50 pips.
Here is one that happened about 2 1/2 hours later on the GBPJPY. It reached the FULL profit target of 203 pips… with only 33 pips of risk. These are the type of trade setups you get. Low risk and high profit potential. Keep in mind, when you are making over 200 pips while only putting 33 at risk, you can afford to lose trades and you’ll still be HUGELY profitable in the long run.
Here is the chart…
Intersection of Blue Dotted Line and Red Vertical Line is the ENTRY
Red Dotted Line is Stop Loss
First Red Line… move up stop loss to 15 pips.
Second Red Line… move stop loss up break even.
Monitor the trade and take profit. In this case you would have taken profit at the full profit target… with over 200 pips of profit!
