After yesterdays losses, I am taking it easy today and trying to study what I see in the markets, that re-occurs. Here is what I am seeing so far
1. EURUSD, 7am and 12noon
2. USDJPY - 5 day cycle
Anyway, as for my trades. I have only closed one, and another is executed.
EURUSD - 17:08 sell @ 1.3713, 18:48 trailing stopped at 1.3687. My profit level was expected to be around 50 pips, but put the trailing stop because I was sick of loosing :(.
I have open a USDJPY Based on the d1, The D1 is showing a downtrend, and is at the top of the channels
USDJPY, Sell at 91.27, SL at 92.10 (this is big), TP at 89.75. I put my stop loss at what I felt was reasonable based on the past action history.
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