USD/JPY trade analysis (unknown)
Kinda late with this analysis, its for a trade i lost.
I had a concrete marekt structure, and with the overall bias of the pair, I was able to concrete my ideas on price going into a downtrend. you can see price also grabbing liquidity below the lows of the market structure (FAKEOUT) and coming back up to take liquidity on opposite end aswell.
Main problem here, I entered the trade with FOMO. I entered with risk working against me, and should placed trade with the market structure in mind, and only trading with taking trades at the open/close highs, to short at the optimum price when it takes it lower, regardless of how much banks decide to manipulate it.
the farther i am from the optimal price, the riskier it is as banks could decide to grab my orders as part of their "Liquidity Run".
I had a concrete marekt structure, and with the overall bias of the pair, I was able to concrete my ideas on price going into a downtrend. you can see price also grabbing liquidity below the lows of the market structure (FAKEOUT) and coming back up to take liquidity on opposite end aswell.
Main problem here, I entered the trade with FOMO. I entered with risk working against me, and should placed trade with the market structure in mind, and only trading with taking trades at the open/close highs, to short at the optimum price when it takes it lower, regardless of how much banks decide to manipulate it.
the farther i am from the optimal price, the riskier it is as banks could decide to grab my orders as part of their "Liquidity Run".
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.