FX:CHFJPY Swiss Franc/Japanese Yen
So this week is proving to be a tough one but I expected it after the previous 2 weeks. So far I'm down 140 pips with the 2 losses I've had on the 2 trades I took ( EURUSD and NZDJPY ) so i might heading into a bit of a drawdown but I'm smart enough to know that my curve is never gonna go straight up north, theres gonna be dips and consolidation and the only that I'm gonna get out of it is by doing the same thing I've been doing because this is what i feel like it's the turning point for a lot of traders. I mean, winning breeds confidence but the kinda confidence you get from coming out of a bad situation i.e a drawdown, can't be compared to anything else. Anyway, we have a potential setting up on this pair and we'll see if the market can be kind to us this time.
Trade closed: target reached