gbpjpy buy-stop at 158.30 is now at a -162 point loss. Have not closed the position. Waiting for rebound back Down -79 points for the week about -$790 the other gbpjpy buy-stop was never executed. I have placed another buy-stop at 157.36 with t/p 157.63 for 27 point profit. total projected for next 3 positions: 104 total floating-loss: -162 total accumulated: 83, net: -79
Currently, I have 1 pending and 1 executed long GBPJPY trade in the negative. However, a high probability short-scalp && long-scalp forming for the GBPJPY.. I am preparing to place pending short-stop order, at higher volume, of 25 standard lots @ 156.43 with take profit $156.38. For $1,250 gain. If price continues to move south down, Exit the GBPJPY buy-stop 158.30 take profit 158.96 order at 156.28 for a -200 point, or -$2,000 loss. Sell-stop 10 standard lots @156.28 with take-profit 156.16 for 12 points, or $1,200. Net if trend is down = $2,450 - 2000 = $450. Otherwise, hold GBPJPY buy-stop 158.30 take profit 158.96 Buy-stop again with 10 standards lots @156.98 with take-profit 157.07. If price continues towards the upside buy-stop 1 standard lot @157.43 take profit 158.38 Net if trend is up(closed all positions) = $1,200 + $900 + $950 + $80(158.30 buy-stop closed at 158.38) = $3,130 However, I may hold the original buy-stop.