USD/JPY Swing Trading-700 Pips Profit With A 21 Pip Stop Loss

26 November 2016, 06:26
Ahmad Hassam
0
70

I take risk management very seriously.

I never open a trade with a stop loss greater than 20 pips.

This is a rule written in stone in my book of trading rules.

I use candlestick patterns on H4 with an unconventional approach.

Read my new blog post in which I analyze in detail a recent USD/JPY swing trade that made 700 pips with a small 21 pip stop loss.

This swing trade lasted around 10 days.

Always take care of risk first.

Make sure you don't risk more than 2% of your account equity at any time.

Try to capture the big moves in the market with a small risk.

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