GBPJPY M5 PASR Trend Trading
Humbucker and Miku,
You both did good. As you do more trades and gain experience and comfort with M5, look to enter, or as near as possible, to the Strat Shadow where I have placed my Red Arrows.
Where Miku got out and took profit is where I would probably have got out if I traded it (This is London Session while I am in the Land of Nod). I doubt whether any trader could have hung on and got out at the doji you highlighted.
Disliked{quote} Hi Humbucker, I was in a similar trade as you, but I exited earlier than you. I chickened out after seeing 3 wicky candles. Still trying to get used to trading M5. Coincidentally, around the same price. Well, a profit is a profit. Hopefully I can improve on this strategy. Perhaps the highlighted Hammer candle be a good sign for us to exit. {image}Ignored
You both did good. As you do more trades and gain experience and comfort with M5, look to enter, or as near as possible, to the Strat Shadow where I have placed my Red Arrows.
Where Miku got out and took profit is where I would probably have got out if I traded it (This is London Session while I am in the Land of Nod). I doubt whether any trader could have hung on and got out at the doji you highlighted.
15 YEARS OF PASR ON FOREX FACTORY!
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