DislikedBecause you are chasing the price, let it come to you, we have been steadily going up all day (see my post from this morning, I even told you how much room there was left at the time and gave you a target to shoot for) anyone buying this anywhere from the open would have been in profit. An intraday trend is a trend until it is no longer a trend, a breather does not spell a reversal, get to know the difference before you do any more trading. See a few posts above here for suggestions.....Ignored
Can i ask how you get to gauge a reversal vs a breather? Is it a matter of seeing how price reacts to certain key levels?
I have short JPY positions from last night's funny business I'm looking to manage.
Anything can happen.