In order for me to take a trade price must meet my terms first... So if price reaches this level I percieve it to be at a reasonable price to sell relative to the 1 hr trend. with stop in place. In essence I am telling the market that if you want me to enter short you are going to have to give me a better price first. And if the market doesn't give me the...
Shorting Eurjpy even after extended trend to upside in recent days. Price came close but did not reach 139.285 area of resistance and I think sellers will take control for now. I also notice price has attempted to reverse to the downside arguably 3 times on the 4 hour chart (not giving a normal correction) and in my experience a 4th attempt to reverse as it...
