CADJPY
The importance of setting pending orders.
The pair broke the 20 days low, below the 100 days MA, the MA itself was looking down. No retest of resistance but I entered the order anyway.
Pending short @76.22
Stop @77.16
Didn't trigger and the trade turned around. Naturally I canceled it. It was a nice long setup though. I failed to take it.
The importance of setting pending orders.
The pair broke the 20 days low, below the 100 days MA, the MA itself was looking down. No retest of resistance but I entered the order anyway.
Pending short @76.22
Stop @77.16
Didn't trigger and the trade turned around. Naturally I canceled it. It was a nice long setup though. I failed to take it.