Get 15 pips in NZDJPY
Hello!
Dr. Exy−2 here♪(´ε` )
Last Friday I traded NZDJPY!
I woke up a bit after 6:00, checked the market, and found several currency pairs that looked like potential pullback sells. Among them, NZDJPY seemed to have a pullback move, so I waited for the entry timing on NZDJPY.
After a small downtrend continued the previous day, a minor uptrend started, so I thought the key was how to time the entry by waiting for a pullback, while keeping calm and watching the market move.
Then, around lunchtime, the buying pressure of the small uptrend subsided, the range persisted for a little while, and selling pressure began to emerge!
At this pointPosition GET
I thought I just had to wait for the decline, but it didn’t drop easily and started rising again late in the afternoon.
I thought it would be stopped out... but it reversed at the last moment and fell back to the previous range area.
Okay, okay, I just needed to wait for a proper downtrend, but it started to wobble during the wobble time.
Damn it, I thought, but since the market had recovered this much, I decided to set a sleep mode, thinking I could just sleep and take profits after 3:00 a.m. later, so I briefly slept! lol
And when the time came, I woke up, checked the market, and profits were in place, so I closed because it was the weekend.
This price action was quite tight, but I managed to hold the position and enter properly, so I almost got stopped out but ultimately turned into a profit, which is great!
See you again!