Prop Trader Training Community - GBPJPY is steadily in the green with unrealized gains.
In the community, this is the pound-yen I posted on January 8.
I had recommended entries at the circled area.
I also explain the basis for it.
As of the morning of 1/9.
The pound-yen has been range-bound around yesterday's share area. It rose once, but has since pulled back and doesn’t seem to have momentum.
Today is Friday, so please be careful about holding positions overnight. If it rises during Asian hours, you may close the position or set a stop back at breakeven for now.
As of 18:30, about 100 pips in unrealized profit. At this time, unrealized profit is in the several hundred thousand yen.
Today is Friday, so I will close out early without holding over.
Even if you hit the stop, the loss is only 1–2%, while profits amount to several hundred thousand yen.
Prop traders have dreams, don't they.
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