Entered another short trade on GBP/JPY based on the same strategy. This time suffered a full loss of 100 pips. While another same trade managed to scalp 19 pips. Some analysis on the trade - EMA were showing downtrend, RSI is near oversold, MACD still showing downtrend while ADX were showing sign of trend weakening. So there were 2 weak points in the trade setup. And i was not feeling certain if the trade will go my way. I was having doubt but just could not really tell what.
Lets see what's the market got to offer tomorrow.
Lets see what's the market got to offer tomorrow.
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