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GasperiniGS
Sep 6, 2016 2:20 PM

Gartley on GBPJPY  Long

British Pound/Japanese YenFXCM

Description

Following the plan

Trade active

I must say that I had a little battle with my emotions this morning. I was in the Live Room with my mentor Akil Stokes, and he didn't agree with this pattern. His eyes just didn't pick it up. So, in one hand I had my mentor not seeing what I was seeing and in the other hand I had that BIG red candle. I thought for a moment and I got to the following conclusion:

My plan tells me to take this. So, if it losses then it is ok, it would be one of those inevitable losers. However, if I don't take it and it ends up winning, I would have taken a considerable amount of pips out of my expected return according to my backtesting results, and I would be incredibly upset and frustrated.

Therefore, I took it. Let's see if it wins..

Trade closed: stop reached

Now long again in the Cypher
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