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ForceFollower
Nov 27, 2019 11:28 AM

AUDJPY at a decision point 

AUD/JPYOANDA

Description

AUDJPY is approaching a key level within the system of parallel sloped lines - either a bounce (downwards) or a breakout (upwards). Either way it's at a level, where you can stalk a good trading opportunity.
See, if you can enter a trade, risking as little as possible (1R), while going for 5R or more. Before you take the trade - accept the loss, ie. see your balance debited by the amount of loss. Accept it, let go of the need to control the outcome. Whatever the market gives you is the best you could ever get from this trade.
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