DislikedWhat are your views on intervention by BOJ? I have been longing USD until 144 it crashed down n I lost very heavily when it came back up I got phobia and dare not look at UJ when it approach 145. Had been on the fence watching UJ n "regretting not going into it (longs) thus I went to trade EU instead. But seeing it breaks higher high like no limits I'm thinking of longing but then it seems like 150 is the real level for interventionIgnored
However I can give you some hint. If you keep your lots not too Big A Size then Intervention if caught you on the wrong side can dive down 500 - 600 pips
You Add there equivalent size or little higher and take a sizeable profit from that trade as it would for sure reverse upto 250 atleast and then go short again
Cycle is completed that way and intervention wont give you that Big Headache and Just Follow Plan No Matter Size Of Intervention