2 trades i took today.
First one was eurjpy short. Pair is approaching resistance 111.0 - 112.0. Its a fresh level, price has has dropped from here previously. If we entered at 111.00 and put our stop above 112.00, we still get around 1:2 risk : reward, very possibly even 1:3.
Second one is short entry on gbpusd. I took it at m5 timeframe, price created a cluster of candles which broke to the downside. Price has pulled back to that broken level, thats where was my entry with SL above. Target demand level 1.5560 and lower.
For both positions i risk 2% all together.
update 1: closed half position on gbpusd for 26 pips, leaving rest of it at b/e with target 1.5560
update 2: 2nd half of gbpusd reached the target +65 pips
update 3: closed half eurjpy +55 pips, leaving rest of it at b/e with target 109.00
update 4: 2nd part of eurjpy stopped out at b/e
