Shorted EUR/JPY at 132.00 around 3:23 GMT after it cleared 2 time frame...actually the second time frame only cleared one criteria of EMA. Nevertheless i entered confidently after studying other JPY crosses to show similar trend. However the trend did not last for long and reversed on GMT7:00, about 3 hours after the entry. Managed to grab only 46 pips, thereby increasing the portfolio by 1.3% to overall of -11.7%. Lots of ground to catch. Still got 9.6% to go to hit my weekly target.
The market has been showing lack of direction, with uncertainty over US FOMC minutes to be released at GMT11:00. Hope to see clearer direction then.
Till then, happy trading.
The market has been showing lack of direction, with uncertainty over US FOMC minutes to be released at GMT11:00. Hope to see clearer direction then.
Till then, happy trading.
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