Yea, I could have played a breakout here, but tbh I'm not quite there on backtesting and trusting my ability to pick winners with the strategy. This is what I love so much about trading, it's easy to see where your next growth edge is, then it's time to put in the work and add another tool to your arsenal.
Locked and loaded on CHFJPY looking for an opportunity for and "easy" trade rather than a highly profitable one. I think searching for easy leads to highly profitable in this case. Take a look at my analysis on this pair and dig deeper when you join my skillshare course here for 60 days free:...
There are a couple of these in the GBP pairs, this one is the cleanest of them all in my opinion. I'll be disciplined here and wait and watch for a reversal set-up off of the 38.2 in order to make my move.
Nice Daily chart shaping up for GBPCHF. Will be looking for a rejection candle on the 38.2 Fib. H1 chart looks like it's been climbing steadily but the MACD gives hope that price action might very well be losing steam.
Yep, I went ahead and dropped it in there. I don't know why but something told me to go ahead and take the position. I've been in this weird flow state in the markets lately. Not going to deny it, just watch and wait.