Why I don't take rally on USDJPY Today?

Hi,

Today I exit from my previous BUY ENTRY. You can look at my uploaded chart below:

Reason:

1. My trading style TAKE PROFIT last swing Higher High Swing, and I will reENTRY when the price down again near MA and break previous candle near MA.

2. Today have many very important news, so i prefer to quit any entry related to High Volatality Movement currencies.

3. My 2nd option, I will rally it, if there are no important news or I will secure my profit by exit half of my lot.

I hope this will help you or you can refer to my pages in this blog to get very clear view of my trading.

I will upload my trading video to get you easy on your understanding study in forex trading.

Thanks and today there are no confirmation to enter trade, I will wait for TODAY candle confirmation for Monday Entry.

Rad Green

Understanding the Chart and trading attitude.

Hi,

Try to make the chart easy to read. There are some criterias to look at:

For  no passion trader this is not for you and this is not your place. Passion on entry and exit are very important, Don't enter early but you are not sure where the market go, confirmation are required to maintain winning streak.

If you you think, you don't want to lose single trade? Actually you will losing your trade soon and losing trading now. SMART is important in trading, Im not asking SMART people, but you have to be SMART if you lose in single trade, ANALYSIS your losing trade is this the right setup? Still Right? OK then use the same setup again, HERE PASSION is important than blaming your own tactic and strategy. You gonna win and gain confident on your trading.

Don't Ego on your winning trade, because this will keep you losing passion then losing trade as well,then you will blaming yourself. STAY FOCUS only 5 to 10 minutes per day on your charts then do whatever you wanna do the rest of your day.

Don't panic  IN PROFIT TRADE because your will take only small profit.

Don't panic IN LOSING TRADE because you will keep losing trade and pray for the market to go PROFIT on your LOSING TRADE

Use simple method and this will keep you understand your chart easily. Stay on Larger timeframe for HIGH accuracy trading results and more RELAX on your trading everyday.

Please refer to the chart for understanding.

Rad Green

USDCHF today what do you think?

Hi,

Sometimes is good to share..but my entry is buy for today. Im looking for price action on 22oct and make my entry at the bottom of 22oct candle. Look

Simple and easy entry..duration for this entry  is 1 to 7 days depends on news and trailling stop. I will use stop loss below the red line on close candle.

Refer to your chart and see.

Thanks and have a nice trade.

Rad Green