trendie
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crap!
as an example, I went SHORT EURJPY at 164.19 this morning about 11-am.
it went sideways, basing around the tight range of 164.05-ish.
then it spiked up, scared me out for +2 pips.
now, its close to my target of 163.65
(this mornings action after 7-am showed the EURJPY congesting around 163.75/65).
I have missed out on 50+ pips, and took a poxy 2.
my logic was fine, as my entry hardly went underwater, but got spooked out.
EDIT: perhaps I should stop using this thread to vent my frustration.
as an example, I went SHORT EURJPY at 164.19 this morning about 11-am.
it went sideways, basing around the tight range of 164.05-ish.
then it spiked up, scared me out for +2 pips.
now, its close to my target of 163.65
(this mornings action after 7-am showed the EURJPY congesting around 163.75/65).
I have missed out on 50+ pips, and took a poxy 2.
my logic was fine, as my entry hardly went underwater, but got spooked out.
EDIT: perhaps I should stop using this thread to vent my frustration.