I thought it was not a good setup, but that was yesterday. Today I look at it again and I find two things
1. I was proven wrong
2. It actually did go in that direction and have hit Target Zone 1.
So what can I learn from this?
That when you see a setup, take the setup. I now conclude that my decision not to take this tradre was wrong because all the indicators were telling me to take the long. I also did not take the follwoing setup on AUD/JPY. Makes me wonder, am I looking at too many pairs? am I doing too much analysis? Paralysis of analysis?
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| This is Setup 1 Buy Signal – When you SEE it, TAKE it. Don’t think |
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