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Break and Retest on GJ

Posted: 17 Oct 2022, 18:02
by immy
Today, the best signal was on the GBP/JPY . Clear impulse wave, that is wave 3 followed by a full day of wave 4 (trading range) and todya, it broke out, broke hte high of the range, the previous swing that, i.e. w3 peak, and then retested it with a B signal. I wish I was watching this pair. 

 
 

USDJPY - Mistake

Posted: 20 Oct 2022, 10:02
by immy
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. 


 

Re: JPY - The Yens

Posted: 26 Oct 2022, 14:07
by immy
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