Hi friends,
I opened a trade on 3 -10- 16, USDJPY, buy position. I entered at the price of 101.603, set my stop loss at 96.545 and my take profit at 106.270, presently, i have made a profit of $1,320.70, This is a demo account.
My question now is
As i have made a considerable profit and yet to hit my target, is is wise to close the market.
Also this weekly time frame issue, is it the market outlook for the next one week or what?
I am still building my strategies and will be glad to get good advice from everyone.
thanks all.
I opened a trade on 3 -10- 16, USDJPY, buy position. I entered at the price of 101.603, set my stop loss at 96.545 and my take profit at 106.270, presently, i have made a profit of $1,320.70, This is a demo account.
My question now is
As i have made a considerable profit and yet to hit my target, is is wise to close the market.
Also this weekly time frame issue, is it the market outlook for the next one week or what?
I am still building my strategies and will be glad to get good advice from everyone.
thanks all.