Yesterday's paid article recap
(Please rewrite this part for public viewing)
This is part of yesterday's paid article.
Dollar/Yen had a proper support line doing its job.
Yesterday the support was strong, but today, what will happen?
Pound/Yen has returned to 140.600, but it didn’t bounce there, oh dear?
Since I had placed a short order, I noticed I was in the red.
Well, since I judged the line to be solid, it returned, so I exited. If I had left it, I would have earned a small profit, but
I exited almost at break-even as a reminder to myself: “Make sure to look at the chart properly.”
In this way, when I judge a line as solid, I often predict that it will come back, and I wait until it does return.
Since I draw proper lines and make predictions, I can do this; but if you enter without any basis,
you would have to take unnecessary stop-outs as well, so I think it is crucial to outline a scenario from entry to exit.