Sunday, February 17, 2013 12:06:08 PM
Simplegreen......I only need 20 pips to get back to even on GJ and then I'll be looking to trade a non-yen pair until the yen pairs give a clear reversal signal on the higher time frames.
I took a long position at the bottom of the trendline where my blue circle is, got shaken out on the smaller time frames as my trendline was a bit higher at the time (only by 15 pips), went to bed and woke up to see that I missed all the long gains to the top trendline where I promptly took a short and here I sit having played both of those trendlines WRONG! Typical... you can see my red trade entry/position line.
I took a long position at the bottom of the trendline where my blue circle is, got shaken out on the smaller time frames as my trendline was a bit higher at the time (only by 15 pips), went to bed and woke up to see that I missed all the long gains to the top trendline where I promptly took a short and here I sit having played both of those trendlines WRONG! Typical... you can see my red trade entry/position line.
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