Bad luck Spec, this is the reason I can’t believe anyone can get rich trading forex.
NO WAY
There was a lot of rejection in those higher highs so the risk was there, but it sucks big time. Now you know why I spend so much time trading M5 and now mainly M1 now. I am preferring to get in, make some quick money and get the hell out.
Back to EN. Have a gues where it when, within 1 pip of a monthly line then stopped. I doubt anyone picked that move so quickly. How much do you want to bet price will return to 1.68 in the near future. That is where the major Liquidity zone is now. This pair owes you some money so start building a basket of trades.
I have a basket of 5 Buy trades that my EA was buying on the way down so I am fully exposed now. I was selling on the way up and pocketed 400 pips when it dropped this morning. When it moves back up, I will pocket another 400 pips.
I just profited this morning on my USDCAD trades. I was selling on the way up and took profit this morning. Now my EA is starting to buy with one trade entered on the current move down.
Check out the BUY trade you called on EURJPY, it’s going crazy