In forex you are taught to trade the major pairs. Any other pair is basically not a focus. Well I came across this pair and see that price is approaching an area of major resistance. Obviously it will take some time for this setup to actually play out. I think if it sets up the way I see that it could then a good amount of pips could be made on this pair. This pair is due for a drop
its just important to note when and where it could possibly happen. Hopefully by the time this pair is set up I will be at an optimal level for a live trading trading to trade this pair. Happy trading everyone.
Trading Journal Entry #8