MrRenev

I guess short USDJPY? :p

Short
MrRenev Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Seems to be tested resistance with less strength, so I am shorting it, let's see how this goes.
Trade active:
Going to put a limit close for 3/4 of my position at 50 pips retrace and go chill.
I was in league of legends playing while trading XD I am becoming philakone.
I stopped playing for 6 months this year but I realised I have nothing better to do.
:(
Comment:
Might be going down already, or just mini pullback before spike up who knows :p

It was all sideways all zigzaggy can't really make a count but just taking the last impulse if let's say it retraced to 0.5 fib, would be nice:


It's pretty extended, but does not look like the start of a bull run, it's summer also... MA9 is far, MA20 is really far, if bulls don't show up, can drop alot, easy large profit for me, but still locking in profit at a small retrace.

Comment:
That bearish divergence is so small.
When you are desperate for trades...
Comment:
I hate waiting.
If we could get the same thing that happened last time, would be sweet.

It is fine thought, as long as I am in and out in 48 hours I am happy can't complain (for the most part, often still leave a small fraction of my position open after main TP).

C'mon mate, don't disapoint me.
Comment:
Looks like it is topping out.
I shorted MOAR. Even if I screw up I will get 80% winrate, and makes no sense I would still risk very little on FX when I risked big on crypto.

Idk it is not really trending maybe we should not trade something not trending it could have a big bull break, but it is dead land and oscillators all point down...

Comment:
Big dump, feels good to be in the green.
Patience paid off? We will know in the next few hours.
Comment:
Testing previous high as support... My odds are on it not holding.
Comment:
FINALLY!

I thought the wait would never end. cheez
K good bear candle, now keep going...

Comment:
I hope I take a loss 100% by ESMA fault.
I would still hunt shittrades 1 more week but be more strict (5 points RSI divergence rather than just 2 for example).
And then finally I would go to an Autralian broker with no leverage limit, an ECN one, probably Pepperstone. And back to picking only the 100% guarenteed trades & going big.
"What you just said is the reason why you need to be protected you clearly think you will always win and you do not understand the risks"
"PAW PAW PAW PAW PAW"
"Sorry regulator buddy, could not hear you over the sound of my AK-47"

Since they are complete idiots, it would take the regulators YEARS to figure out the loophole & people just left EU regulators to go elsewhere.

Sorry EU brokers, you weren't that bad after all. Going to be sad you have to close shop.

Plus, these high IQ regulations might cause EU brokers to start being in trouble and hunt their clients just to stay alive...
Maybe best to leave just in case.
Trade closed: target reached:
Hihi I looked away for 1 hour not kidding since I opened it I was watching or had an alert to wake me up at all time.
I looked away 1 hour and it rocketed down.
I made tge mistake of leaving limit closes on all my positions ONCE in my trading career and this happens.
Won't be able to ride my winner.
Ok this pays for my usdcnh loss and more.

I am up 0.5% of my whole trading accounts this week.

Later Ill analyse why the usdcnh trade was trash, and why this one was barely decent.

Cannot wait for everything to start trending again, having to fight for tiny gains is depressing.
Well 0.5 pct not that bad but for me its crap.
Comment:
If I was still in the trade I would have closed this evening as we get close to MA20, plus, is this hidden bullish divergence?

Comment:
Closing this trade early has to be the biggest mistake I made in a while...

Dumb regulaitons got on my nerves and I thought "might as well start closing my winners to get my available margin back".

If I ever need free margin to open a new trade and close a winner I will do it, I will go with an australian broker.

Otherwise I'll chill a couple more weeks not in a hurry to get rich quick, and then I'll move to AUS brokers.

Thinking about all this... They told me being lazy "waiting to do it the next day" was bad, you should not do tomorrow what you can do today, exceot being patient and doing things progressively and "waiting the next day" is pretty good in finance and makes it even easier to be a winner :D

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