Description
⋅ USD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
CAD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Comment
⋅ "When you set up a situation in which there is “risk-free opportunity,”
there’s no way to lose unless something extremely unusual happens,
like a limit up or limit down move through your stop."
Comment
⋅ "Do the best you can to pay yourself at reasonable profit levels when the market makes the money available.
Every portion of a trade that you take off as a winner will contribute to your belief that you are a consistent winner."