john_everist

EURJPY long

Long
john_everist Updated   
FX:EURJPY   Euro / Japanese Yen
I panicked and hit buys too soon. Should I always do entry order?

EUR

JPY
Comment:
closed 10% of trade. SL to break even

Comment:
EUR

JPY
Comment:
I freaked out AGAIN and closed another 40%. It was push so aggressive I thought 'its not sustainable' so closed more.

I think this is what the saying "scared of success" means. Not literally self sabotaging but being more scared than greedy. My phycology is becoming the weak link. And money management - i think the 2 are connected.
Comment:
EUR and GBP have control. I considered EURGBP in my plan but I was worried GBP would be bouyed by EUR. I made the same error yesterday. I'm over ruling technical data with something else. Is that right. Am I getting a little less profit for a smoother trade? There is value in that IF its true

Comment:
Comment:
EUR

JPY

CORRELATION
Comment:
I beat myself up about closing half the trade after the BIG push. But now I'm glad - price has gone nowhere. I've stopped paying attention to the stochastic. The H1 pre-empted this stall I think as it was oversold


Comment:
GBP hit back against EUR HARD. Remember, I chose JPY as it was most stable...

EUR

JPY
Comment:
There's actually a little EUR weakness at the moment
Trade closed: target reached:
Id closed out 50%along the way

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