DislikedPetar, You talk a lot about supply & demand, yet you went long Usd/Jpy on a supply area with price being 20 pips away from your sl now & with a strong sell momentum. What's the reason for that long position?Ignored
I explained in very details my reasons for long position in my video and I am still holding long. My entry was based on intermarket analysis + fundamental analysis. Today all I see is testing of high volume area again and weak supply near the ciritical zone. Also, on futures market there is big climax on 3M and no further progress, which is sign that we may see higher USD/JPY. I keep risk controled in every position and my risk is 0.3% from the account. If price hit SL, you just accept lose and focus on new opportunities. The market makers trying to mimic sell on USD/JPY so they can mark UP and spike higher. They do this very often.
Petar
"Buy on fear, sell on greed !!!