Hi everybody!
I started trading today much earlier because of the news, sold EURJPY at 2:42, exited at 3:33 with +60 pips! It was one hell of the trade. How come I stayed in the trade so long? Well, it was a naked 1-st TMA pattern trade ("TMA M1 beyong the Ichimoku cloud), so I expected a good profit. But most important - it was pretty close to both TMA H1 lower border and TMA H4 lower border, and these two borders were close, so the price was supposed to break both of them. And I was right! It took a long time, but then the price went down very fast, and I got 60 pips and could get much more - it is still going down. But I don't want to be greedy - I'm done for today!
I started trading today much earlier because of the news, sold EURJPY at 2:42, exited at 3:33 with +60 pips! It was one hell of the trade. How come I stayed in the trade so long? Well, it was a naked 1-st TMA pattern trade ("TMA M1 beyong the Ichimoku cloud), so I expected a good profit. But most important - it was pretty close to both TMA H1 lower border and TMA H4 lower border, and these two borders were close, so the price was supposed to break both of them. And I was right! It took a long time, but then the price went down very fast, and I got 60 pips and could get much more - it is still going down. But I don't want to be greedy - I'm done for today!
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