The price of GBPJPY is approaching the major support level (144.xx-143.xx). So what?? It's like we driving close to a intersection, we are in a pyschological zone that need to be focus. Can we sure that we will stop or keep on our gas pedal?? - I repeat - WE DO NOT KNOW.
So we wait for the signal from the traffic light. Rush in and the cops will knock your door shortly!
So we wait for the signal from the traffic light. Rush in and the cops will knock your door shortly!
Pewwww, I think that a buy limit at a downtrend situation is a fastest way to hit stoploss. Well, maybe I am so amature to trade counter-trend.
Yeah, as I said, I did not speed up at the intersection, and the light that I'm waiting has turned red