immense buying pressure

FX:EURJPY   Euro Fx/Japanese Yen
153 1 1
this pair is under immense buying pressure so i figure the smart money who mised out already would be looking to jump in on the long side on the previous candle you see the wick or tail is giving a clear buying signal indicating that more buyers came into market im going long now with a stop just below the low of previous candle with a profit target at the next resistance level which is 133.50 lets see how it goes happy trading to all
3 years ago
this is an example of learning a valuable lesson from a losing trade i took this trade in a rush plus because i been having alot of winners lately i was way to over confident but the market will always humble you if i had look to the left i would have seen that i bought into heavy resistance which is a pure recipe for disaster happy trading to all hope you learn from my mistake
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out