Long

EURJPY long

By john_everist

Updated

I panicked and hit buys too soon. Should I always do entry order?

EUR

JPY

Note

closed 10% of trade. SL to break even

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EUR

JPY

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I freaked out AGAIN and closed another 40%. It was push so aggressive I thought 'its not sustainable' so closed more.

I think this is what the saying "scared of success" means. Not literally self sabotaging but being more scared than greedy. My phycology is becoming the weak link. And money management - i think the 2 are connected.

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EUR and GBP have control. I considered EURGBP in my plan but I was worried GBP would be bouyed by EUR. I made the same error yesterday. I'm over ruling technical data with something else. Is that right. Am I getting a little less profit for a smoother trade? There is value in that IF its true

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EUR

JPY

CORRELATION

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I beat myself up about closing half the trade after the BIG push. But now I'm glad - price has gone nowhere. I've stopped paying attention to the stochastic. The H1 pre-empted this stall I think as it was oversold

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GBP hit back against EUR HARD. Remember, I chose JPY as it was most stable...

EUR

JPY

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There's actually a little EUR weakness at the moment

Trade closed: target reached

Id closed out 50%along the way

john_everist

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