USDJPY ‘Support Nearby’ Setup +31 pips
Setup: Support Nearby
Order: Long Stop Order (111.79)
Initial Risk:Reward: 1.73
After an alert on long-term SUPPORT NEARBY, and nearby DEMAND signals, I went long at 111.79. Later it was closed at 112.10 because of Time close signal.
Disclaimer: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, these trades were taken by our proprietary robot that takes both positive and negative trades in a simulated setting for purely educational purposes.