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GBP/JPY Sell from Higher Time Frame Supply
British Pound / Japanese Yen
Short
GBP/JPY Sell from Higher Time Frame Supply
By brettschoenfelder
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Updated
Jan 27, 2017
7
Jan 22, 2017
Price Action is entering an area which caused a large move away in the higher time frames. I've zoomed in and found a promising opportunity to sell.
If time/schedule permits I'll watch for an opportunity to trail stop.
Jan 26, 2017
Trade active
Self doubt crept in...I was so temped to close this thing when it hit 1:1 or at least wanted to take half the lots off.
I didn't do it. So we'll see how it goes.
Jan 26, 2017
Trade closed: stop reached
Self doubt was correct. Was it really self doubt or was it the new price action telling me this set-up was decreasing probability of success....?
Jan 27, 2017
Trade closed: stop reached
Self doubt, correct gut feeling, or analysis of price action leading up to/during trade?
gbpj
Supply and Demand
Supply Zone
tradingedge
brettschoenfelder
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