USD JPY . . . Inner Thoughts . .

It has been a while since my last post. . there are some changes made. . take a look at my past posts in relation to this post. you'll see some difference in how i've been trading. in someways its much simpler, at least to me, on opening trades with stops and targets.

Giao dịch đang hoạt động:

Ive taken a Long trade. and now I wait.

Here's the short term picture in a nutshell.

Giao dịch đang hoạt động:

Sweet.. I've moved my Stop to +11pip

hopefully momentum is not compromised. Target is around 110.40 area.

Bình luận:

But something tells me that momentum will end very soon or might keep going ..
Looking at the Dollar Index. all I can do is wait and find out.

Giao dịch đang hoạt động:

Well so far so good . I've locked in +20 pips

will wait to see support hold or break .

Giao dịch đang hoạt động:

Giao dịch đang hoạt động:

There goes first Support

Giao dịch đang hoạt động:

Oh well .. look at that .. It was right in front of me and caught it just now.
so just updated the short term chart and saw another possible trade .. so I took another small trade to the Long side.. . In it to win it son.

Giao dịch đang hoạt động:

So far so good still holding

Giao dịch đang hoạt động:

Looking back at the Dollar Index..

and then, look at this chart.

I mean it can' happen . @_@

Giao dịch đang hoạt động:

Got stopped out of my 2nd small position -9pips
but Initial Trade still winning .. got stop at +20 pip

Giao dịch đang hoạt động:

*_* . yet again another stop hit

but we move on.
Here is how I see it now. Price might hit the initial Trade's Stop @ +30pips.
In which case I'll be looking to short. And I'll keep an eye out at the $ Index chart. The momentum pattern is identical.