USDJPY LOSS

USDJPY LOSS
25th January 2018 contacttf
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There is no clear entry point, so I am using the candle wick from the 1 day chart to find a support zone.

I think there is very good risk/reward.

Trade was in profit for a long time, however, I did not feel that this was enough to close the trade.

I got stopped out when price reversed sharply.

DEFINITION of 'Tenkan-Sen' The mid-point between the highest high and lowest low of a particular security calculated over the past nine periods. The Tenkan-Sen line is the conversion line used specifically in the Ichimoku Kinko Hyo (or Ichimoku Cloud) equilibrium charts.

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