Waited, identified, got in early (before pullback), then profited effortlessly.
Waiting and watching as USDJPY comes to the end of a triangle and I'm expecting a big move. Instead of choosing a direction off the bat, it's time to really pick up on which way the market is posturing.
I'm going to place a trade live. Not really my style but I'm getting in right now 12:01pm cst.
I notice a great entry here and plan this move as a hands-off trade.
I had a set-up written in that would require price action to move down to trigger in. That didn't happen, my 1% was sparred and a new set-up made itself available.
A quick recap of the week's trades and missed opportunities.
I'm going to be watching this close and assume we have a even or slight bullish close to this week. We'll see.
I hate that I'm just now seeing this but if I'm triggered in this play could be a very clean automated position.
Wanted to take a moment to give this idea a proper burial. I still love my strategy on this one. It was an opportunity to grow and realized how hard-headed I was in making adjustments to the position even though I saw it miles away.
I entered this on a whim. It stood out for some reason and I decided to give it a shot after the 2100 1hr bar formed.
Quick video for accountability. Not sure where USDJPY goes from here, it's been stubborn and I want to open possibility to hit profit target without risking 1% as originally planned.
USDCHF - 1.43% EURJPY - -1% CHFJPY - -1% AUDJPY- 1.44%
Static post so that we can track price action.
Made this post just so it's even easy to track price action.
Hoping I made my point on this one. Effortless is the answer.