Update , usdjpy worked very well. Chfjpy on its way {image} {image}
Ignored
be careful if you are using the rsi lows and highs to trade back to the 200 ema… in a long trend it will result in a losing trade because it won’t return to the 200 ema for a long period resulting in a big losss.
Its a mess brother, when you decide to enter you must have a good reason. To begin with, allow yourself just 1 order per 10 pips to save over leveraging. If you add too many orders at the beginning of what becomes a trend you will need deep pockets to get out clean.
I would advise not entering during a sudden move up as it may be the start of a big move or during consolidation as price may just continue against you.
{quote} Its a mess brother, when you decide to enter you must have a good reason. To begin with, allow yourself just 1 order per 10 pips to save over leveraging. If you add too many orders at the beginning of what becomes a trend you will need deep pockets to get out clean. I would advise not entering during a sudden move up as it may be the start of a big move or during consolidation as price may just continue against you.
