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I'm short from 236.36 and its movin'!!!
This has gotta' have 200 pips to the downside.
I wanna learn to have as much confidence in my exits as Forex11.
So how do you decide on take profit, first line bounce? And how do you protect profit when trade develops, can you be specific please. I'm also short on eur/jpy.
Entered again EURJPY at 164.94, close trade at 164.05.
+89 pip . I had 2 bad trades with -30 pip.
I think this is all about waiting for the right candle to get in a correct trade and avoiding repints of the arrow & zigzag signal +Patience & Patience as Forex11 mentioned.
GJ trade entered @ 236.41 was stopped at +51 pips.
Good start for the week. Wanted to get out when I saw a hammer and then a doji on the 15M... but decided differently!
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Happy Trading...
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finally
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