EURJPY
So Im a little bit behind today as this was my trade from last week and I was meant to update over the weekend but decided to take it easy on the weekend and finish all loose ends today.
Took this trade as price has been making HH and res turning to support. Missed the 1st entry when price went straight into level (I think there was a FOMC meeting or something) but when we had a bullish bar the next day looked like level was holding and I was looking for continuation. Not much happened and eventually got stopped out on Friday.
Down 40 pips on this one and that was all I did last week.
Last week of the month this week and data looks quite light so will be interesting to see how this week plays out.
J
A 40 pip loss is a drop in the ocean compared to the profits you pull and the trades you let run. That GBPchf trade you took a few weeks ago can cover for 3-4 losses.
ReplyDeleteThat was not a loss but a cost of doing business...a loss is a trade you take that is not in your trading plan. Nice trading
Such great words of wisdom Joe. Thanks!
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