Price was moving up in a pattern formation. Yesterday we attempted one short which we closed early, and then ordered for a trade Long, but price barely didn’t pullback (0.6 pips). In the early Asian session nothing was happening, but now price broke out of the pattern and closed below 4M 50 and 200 EMAs. Ordering for a trade short at 1.02605 with a 18-19 pip stop at 1.02805.
I also have a USDJPY order set for Long.
I do not overexpose on one currency for 2 trades. So whenever one of those get triggered - I take the other one down.
I also have a USDJPY order set for Long.
I do not overexpose on one currency for 2 trades. So whenever one of those get triggered - I take the other one down.
Order cancelled:
The USDJPY got triggered, so we are taking off this one.
Lightwork Trading