USD/JPY Trade January 12, 2018









Live Trade Overview

A Teen Trader is an educational Site Only. Risk what you can afford to lose.

This was my first trade outside of NY session in a while, but it was my most profitable and highest win rate set up. Minor Major Minor. I took 30 pips on this trade with a simple stop loss of 8 pips. I took this out of my session because it was just to easy.

15m Time Frame

My Entry:

This trade was based off a personal favorite of mine called Minor Major Minor, which means that we look for a minor support to break, then a fast move down to a major support. We will then look for a single rejection candle, and enter buys back to the minor zone. i took this trade after the first bullish candle on the weekly/daily support zone and rode it all the way back up. Amazing trade. NOTE: i do not sell major resistance back to major support, i just do not like that. I only buy, its weird i know. Deal with it.

What to improve:

This trade was perfect to be 100% honest.

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