One more attempt to ride the coming thrust in USDJPY. I am bearish but have put buy stop order just n case.
Comments
Fomenka
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Once I read that if consolidation of the triangle has gone too far it will hardly result in a thrust.. rather it is likely to be an unlear movement that quickly looses its steam. Recebtly trying to recover 50% loss on my EA account I overtraded manually too much relying on this formation an lost the rest 50%. Lessons? As always
1. do not loose your head and take the loss, do not try to take revenge.
2. anything can happen and TA is only a tool to have a probabilistice advantage
3. Always stay in the game. The goal is winning in the long run with heathy psychic and not making a couple of more bucks now. Even if others manage to do this.
1. do not loose your head and take the loss, do not try to take revenge.
2. anything can happen and TA is only a tool to have a probabilistice advantage
3. Always stay in the game. The goal is winning in the long run with heathy psychic and not making a couple of more bucks now. Even if others manage to do this.