USD/JPY Trading Plan - Pat Morita Patience
Very simply waiting on trend line 4th points to initiate long position as we hang around the 120 mark.
I got ripped up in Sep's volatility but benefitted from 4th point bearish trend line short that set up the head and shoulders pattern last week. Waiting on next dip to set up long.
I got ripped up in Sep's volatility but benefitted from 4th point bearish trend line short that set up the head and shoulders pattern last week. Waiting on next dip to set up long.
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Ended up getting short instead. Refer to PAT MORITA PATIENCE 2 (below)
(or above 123 to get short)