I should have taken this signal yesterday but for some reason I looked at GJ and took a nice juicy rent on that one while I saw UJ going up. What a stupid thing to do.
Missed this on the thought that "a spike down may happen soon". In retrospect it is a mistake. Yes, based on TM it would have kicked me out at 2R but its not about that its about following your trade plan. and having said that, 2R is 2R. They all add up.
JPY - The Yens
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
USDJPY - Mistake
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: JPY - The Yens
Breakeven Trade on UJ
I knew it had travelled alot. Sam caught a 10K trade short... earlier... this one was late and was close to those clear support levels to the lef.t
I knew it had travelled alot. Sam caught a 10K trade short... earlier... this one was late and was close to those clear support levels to the lef.t
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!