【Latest USD/JPY Chart】
Good morning.
Today I have a cold and am keeping trading to a minimum.
I fell asleep shortly after the indicator release at midnight yesterday.
Did it move about 70 pips?
Except for people trading the indicators, most are watching before and after the indicators.
And today we have the FOMC ahead.
We should watch cautiously.
Now, here is the recent USD/JPY intraday chart.
Honestly, it isn’t a clean uptrend, so the new tools or the comprehensive tool aren’t a boom-and-bust market that “picks up” like that.
It’s not a cruising-speed trend.
In such market conditions, beginners may enter in the trend direction but could suffer stop-loss due to temporary retracements, don’t you think?
Even with this tool, you could take profits if you endure the unrealized losses, but we always adhere to strict stop-loss rules.
That’s why it was 4 wins and 2 losses.
However, even in a not-so-clean trend, we managed to stay ahead and stay in the black.
Now, lately I’ve been writing about new tools, so next time I’ll write about a culmination tool article as well.
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