AUDJPY Megaphone top
As per the chart plan, the plan is to sell a megaphone top. As always, looking for entries that could consider themselves potential key turning points, not going to call them high probability trades, they never are, it's only good money management and pure grit (look at my other posts avast and deliberation or frustration at points!). Relaxed on lot size, not to oversize, setting testers lots. A recommended read is "Reminiscences Of A Stock Operator". Otherwise, assessing the market environment as it stands, at the moment the sea is calm because of holidays. Eitherway good luck, look for good classic patterns (as this one is, megaphones are great) and trade on the right side of them! Recommend anyone who wants to learn more about trading to also study the freely available info on Wyckoff & John Bollinger.
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