Hello everyone, this week i got some positions hit SL as the market going a bit sideways on higher timeframe. I am gonna try this lower tf setup and play with quick trade for a moment. For today, i found EURJPY fulfilled all the conditions needed to take a sell position. Now i am waiting for it to retrace a bit to 125. 40 before selling it for a better RR ratio. Sell EURJPY 125. 40
Stop loss 125.85
Take profit 1 @124.95
Take profit 2 @124.50 RR ratio is 1:2
Use only 1-2% risk
Good luck