Professionaltrader
USDJPY Intraday Trade
USDJPY M15- This pair was in an Uptrend with the market heading towards the Daily Resistance structure that has been tested multiple times in the past, making it a great area to look for Counter-Trend opportunities.
Reason For Entry- Double Top move followed by Engulfing Candle, Indication that the market would reverse to the downside.
11PIP SL🛑
34PIPS TP ✅
How To Think Like A Professional TraderA strategy is only as good as the trader using it. Patterns are not enough, neither is support or resistance. Candle patterns help, but will not do the trick alone. Unless you can understand the structures of the markets, alongside the behaviour, then really and truly you are just trading blind. In this short episode, I go through three trade ideas that were planned out today (03/12/2020) on the RockzFX Academy live trading session, so you can get an idea of what it means to plan your trade, and trade your plan!
