Matrixtrader1
Junior member
- Messages
- 28
- Likes
- 0
As difficult as it might sound, I just look for channeling periods in the market and go short or long on reversal pattern on support and resistant areas. For example, I just entered this trade and its now 8:50 am. I shorted usd/jpy @ 89.71 with a 30 pips stop and a 67 pips target.
Target was just met @ 87.04 for a 67 pips profit