U.S. Dollar / Japanese YenEducation
Recipe for reading a chart
1. Label your key support and resistance zones.
2. Understand what the chart is trying to tell you.
3. Look for important candlesticks.
Hello traders!
I've written a very short brief on one of the successful trades I took last week. I kept it very simple and the steps mentioned above were the main reasons i entered long on USDJPY.
Many will think I've closed the trade very soon (which could be very true). However, this is purely because I wasn't in the best mood that day, and when emotions roles in I AVOID trading the markets.
Less emotions = More $$$
Please feel free to ask me any further questions :)!
Happy trading,
Abdulla
2. Understand what the chart is trying to tell you.
3. Look for important candlesticks.
Hello traders!
I've written a very short brief on one of the successful trades I took last week. I kept it very simple and the steps mentioned above were the main reasons i entered long on USDJPY.
Many will think I've closed the trade very soon (which could be very true). However, this is purely because I wasn't in the best mood that day, and when emotions roles in I AVOID trading the markets.
Less emotions = More $$$
Please feel free to ask me any further questions :)!
Happy trading,
Abdulla
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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.
Related publications
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.