OANDA:GBPJPY   British Pound / Japanese Yen
its just what i see. bullish momentum, retest and continuation. lol i need a break from charts.
Order cancelled: Daily closed more or less at a resistance level.
Also do not take buys as daily has made an indecision candle.
When the next weekly candle opens, it may either retrace and go up or price may go up from this point. either way the gamble for me is not worth it unless i had taken a trade with a 5-10pip SL
Comment: Added to spreadsheet


Never gamble. Take calculated controlled risks. Expert Black Jack players are actually NOT gambling. http://www.newtrader.club/2017/09/03/what-is-gambling/
alitrading_ Captain_Walker
@Captain_Walker, oh nicee, thats a good insight actually. but yes you're right. i shouldn't take a trade if i dont have controlled risk. This trade was not worth it because the stoploss was just too big and considering the daily its still an indecision candle so i avoided. plus theres always another bus around the corner when you miss one, just catch the next one ;)
+1 Reply
Captain_Walker alitrading_
@alitrading_, Well said!
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