Our trade is still looking good and we have not been Stopped out. The Kijun Sen is flat so this currency pair is in a consolidation state. The Kijun Sen stop is now below the entry value is this is a “risk free” trade. However, we want to preserve our profit. Therefore, our plan is now to switch the 240 timeframe and use the Kijun Sen at that timeframe once we reach the S1 level. An alert is set at the S1 level so we can adjust our Stop based on the 240 timeframe.
For EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .
