I am trying to reduce my trading frequency and only concentrate on the best setups I could find. I'm still working on this discipline as I still place trade that afterwards I felt I'm too early. However, its good that I'm aware of it now it reminds me next time to wait and be more patient. One example is the short trade below.
Shorted USDJPY @79.30 last June 11 after getting filled I really felt that I'm too early and thinking the prevailing trend has not yet resume. Anyway, I only traded less units than usual so that helps me in letting the trade do its thing last night I thought my stop loss will be hit so far this morning I'm still in :o) Advanced order to short is waiting for down trend to resume.
Possible 2Bar reversal on EURAUD just watch price action. Practicing the art of patience :o)
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