RaynLim

GBPJPY - Bullish Shark

Panjang
FX:GBPJPY   Paun British / Yen Jepun
A Bullish Shark Pattern completes at 151.40 at 1pm(+8GMT). What will you do if you miss this trade?

Most traders will choose either 1 of the option:
1. Rush and engage the trade
2. Set Pending Order at the entry price and hope for the retest.

I engage 25% of my position to the 1st target and the remaining 75% I'll set the Buy Limit Pending Order to engage the trade.

There isn't a perfect answer, trade the way that fits you best.

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Penafian

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