This is a setup I revisited now, now that price has come back to the resistance level of the range.
I spotted this setup yesterday and have placed a sell limit order for it but price didn't take it before moving downwards. I have since then removed the sell limit.
Even though I have another position that buys JPY, but the price movement seems different.
I do not want to think much about it. I am talking more just for the sake of filling up the word count. I think that the more one talks the more they think and the complexity of shet increases, and when the boiling point of drawdown reaches the moon, we blow the account.
So, I will try to talk less.
More pictures. Less talk.
0040SGT 11122024
I spotted this setup yesterday and have placed a sell limit order for it but price didn't take it before moving downwards. I have since then removed the sell limit.
Even though I have another position that buys JPY, but the price movement seems different.
I do not want to think much about it. I am talking more just for the sake of filling up the word count. I think that the more one talks the more they think and the complexity of shet increases, and when the boiling point of drawdown reaches the moon, we blow the account.
So, I will try to talk less.
More pictures. Less talk.
0040SGT 11122024
Trade active
Note
Just like my other positions in USDJPY and EURGBP, I am also reversing the trade on CADJPY from short to long.Current losses stand at,
-0.59$ SGD
-0.01$ SGD
Totalling -0.6$ SGD Losses.
The reversed position would be worth 200 units going for long.
TP and details would be as shown below in the screenshot.
0046SGT 14122024
Note
My reversed trades has the same trait which is it is making higher highs, or lower lows.
I am disregarding the resistance and support areas as much as I could ignore based on experience.
Nothing is certain.
0048SGT 14122024
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.