Friday, 31 October 2014

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

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