USDJPY formed a bearish butterfly pattern. I´m entering short at current levels with SL above 115 and 1st target at 113.15 and second target of 111.4
6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade
Good luck
Josep Pocalles
Trade active
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First target achieved, close 50% position and remaining at break even
I will make sure that I remember this guidelines in my trading.
Thank you !