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Mhangwane1
Aug 16, 2022 8:01 PM

GJ Long

GBP/JPYOANDA

Description

Be careful of that euphoric feeling of being on the same side as the market. Don't over trade, lose RR, forget about your trading plan, after those wins close your laptop and sleep. I'm still here because this is what I am willing to let my life be. I'm seeing a possible break to the upside, and because here in South Africa it's about to be Midnight; spreads go crazy, people donate their profits back to the market. This is why I don't like having trades running over days but part of my trading plan is leaving trades until point of exit (TP or SL). So I'll just watch and let things happen.
Comments
pitsowarona
I think we've got an imbalance of trade at the top and Order Blocks that still needs mitigation, I'm still long on orders from yesterday
Mhangwane1
@pitsowarona, If you zoom out you'll see we going up for a while. I think around 164.000, right now this is the second leg of the double bottom (using how I analyze). So I just also catch the waves along the way
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