I’m watching the GBPJPY at the moment and I was thinking if it closes below support at 153.10, I’d go short w/ PT at 152.55 and SL at 153.60. But the R:R on that is WAY off. This has been my problem all week! ARG.
So, instead, I’m really only willing to take the bounce and play out the divergence.
What you watching?
Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at FXStreet.com and heads "The Human Element" a blog dedicated to trading psychology at ForexMotion.com Want to know more? She was recently profiled in "FXStreet.com's Women in Forex" Series.
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