Both trades were filled during Friday's amazing price action. A horrific Earthquake to Japan caused Risk off at first and then a Tsunami Rally ??
Doesn't make sense....
My thinking was all retailers jumped in short and the few big players involved just set out to take their money. Direction was irrelevant perhaps?
Anyway Test1 win +92 pips
Test2 win +106 pips.
The setups I liked on Friday are now invalidated. The USDCAD daily close looks like more downside to come. The NZDCAD buy has taken off and to jump on now would present a worse then 1:1 RR so it won't be taken.
It's difficult to make a decision after a natural disaster like that. Even though I'm trading TA, I still read and see global events take place which impairs judgement rightly or wrongly. We are humans after all.
I do have a trade setup that I'll take on Monday morning which I'll discuss later.
Doesn't make sense....
My thinking was all retailers jumped in short and the few big players involved just set out to take their money. Direction was irrelevant perhaps?
Anyway Test1 win +92 pips
Test2 win +106 pips.
The setups I liked on Friday are now invalidated. The USDCAD daily close looks like more downside to come. The NZDCAD buy has taken off and to jump on now would present a worse then 1:1 RR so it won't be taken.
It's difficult to make a decision after a natural disaster like that. Even though I'm trading TA, I still read and see global events take place which impairs judgement rightly or wrongly. We are humans after all.
I do have a trade setup that I'll take on Monday morning which I'll discuss later.