British Pound / Japanese Yen forum

TP 1 - 189.700 TP 2 - 188.300 TP 3 - Open
SL - 191.500 (Adjust for TP hits)
Enjoy daily profitable trading with me 🙌🏻📈🇦🇺

It Was Already Priced In, Bro!!!!! (Makers used all the Buy side orders to get fuel-ed)
-0.3% which is hella bearish for the USD
The market anticipated weak U.S. data. Big money was already positioned for it, so when the news hit, it wasn’t a shock anymore.
" Buy the rumor, sell the news " price action psychology.
The market spiked up briefly, took out late buyers, then dumped. Those fake out Wicks That’s where dreams go to die.
If you are smarter than tan the Smart Money, you should have Hedged a Short with observing the Price Action in the previous sessions.
Simply, smart money used that news to trap emotion driven traders.
Nevertheless , its just a single trade, its a part of trading, we cannot be ahead of the Makers evertime (But most of the time we can) , that's why NEWS is best when avoided! (If you dont have the DATA pre NEWS, its just a gamble-Who ever trades NEWS)
Loose Less! Master Risk Management, learn HEDGING.
Keep Learning! ADIOS.
Real ones scan. Others scroll past success
