DislikedHi Kedridder,
You are right! USDJPY did break down nicely to 81.4 area.
However, it's not easy to trade in real-time as it is in hindsight...
Now seriously, I don't think we made a mistake in that trade:
We identified a good overall trend and a good setup, observed PA and entered at a good price. Our SL and TP were logical.
The price went down in our direction very nicely.
Once the price started to bounce up-down up-down, LG and I, each on his/her own discretion, felt that the PA is not clear anymore.
I personally...Ignored
oh, please don't get me wrong. i dont mean it's a mistake. last nite you, LG and me, e 3 of us conclude it's a good place to place our TP. little did i know PA will move smoothly down past this 81.4 mark. that is what i meant.
but now that i know e reason behind, i felt i benefited something.
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)