#015 DCA USDJPY SellJPY is in a buying mode currently as seen on the 1H and 4H, so now that I have freed up some margin**.
I am selling USDJPY because I feel that it is the strongest among all the JPY pairs in my watchlist. It is also trending with the 60SMA on the 4H, 1H and 15 Minutes Time Frame.
As I entered on an impulse wave aka Push. I am expecting that price might turn back on a pullback aka Pull. And it would be visible on the chart when the Stochastic 20,1,1 shows overbought. And there I would have my limit sells in place to catch the "falling knife".
I might also place market orders in when I feel that it warrants an additional sell position.
That's all for now I am going to do some food deliveries so that Anthony Tan could pay off his mortgage on that GCB, or else he would have to sleep on the streets of Orchard Road (crying emoji).
**(most of my margin is untouched even though I have 8 or so positions opened.)
1212SGT 29112024
Add : 25.85$ SGD used for margin for 5 open positions. And margin available is currently at 188.04$ SGD.
I began the week with 213.5$ SGD and currently am sitting on 213.83$ SGD, all while risking 1cent SGD per pip.
1215SGT 29112024
