Lightwork_

USDJPY Short 1:1 RR

Short
Lightwork_ Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Took a quick loss last trade. All good. USDJPY is offering another trade.
4 last trades ended up as losers, but that's just probabilities.
We need to remain calm and keep taking good trades.
Trade active:
In.

Comment:
Still holding.

Comment:
Not good development, but still holding.

Comment:
We can easily get a 1H push down rejecting fast EMAs after picking up some orders.

Comment:
Moved down, but still some support from buy orders coming in. Although, might a lower-timeframe lower-high before coming drop.


Comment:
We closed above supporting confluence. Which is not good.
Most likely will close early. Waiting for some final confirmation on lower time-frames.
95% chance we are closing early.
Comment:
Out for -0.63. All good.


On to the next one.

Lightwork_
Trade active:
Made a re-entry. Seems plausible to try again.

Comment:
Moved stop 136.850. Running well.

Comment:
Running well.

Comment:
Running good. Hopefully we get a tap on the target.

Trade closed: target reached:
+1 tapped.

We broke a 6 loss streak finally. Felt OK though. Quite happy with my psychology.
What helped tremendously is cutting losers short.

Lightwork Trading
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