Went short on 
USDJPY
Trying a new approach to the market. Going back to a little bit of what I used to do when I started trading.
There was a bearish doji so going to try to profit on a quick pullback before the trend continues up. So I sold with the idea of being 2:1 on my Take-Profit:StopLoss.
Also instead of focusing on the trend on a higher frame. Just focus on the 30m frame where I'll have more opportunities. Especially since doing a TP:SL 2:1 ratio, I have numbers on my side. Which I can be wrong more than I'm right and still profit.
USDJPYTrying a new approach to the market. Going back to a little bit of what I used to do when I started trading.
There was a bearish doji so going to try to profit on a quick pullback before the trend continues up. So I sold with the idea of being 2:1 on my Take-Profit:StopLoss.
Also instead of focusing on the trend on a higher frame. Just focus on the 30m frame where I'll have more opportunities. Especially since doing a TP:SL 2:1 ratio, I have numbers on my side. Which I can be wrong more than I'm right and still profit.
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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.