A possible trade in audjpy for next week
double top at previous swing high and resistance at 93.05 and 50-days SMA.
1.Take the trades in two parts
2.First part would be closed at first TP target
3.Stop loss is then moved to break-even
4.Second part would be closed at second TP target
If 90 percent of first target is reached without triggering entry I cancel the trade
If 90 percent of first target is reached I move stop loss to breakeven.
LOSING IS PART OF THE GAME