Here we have USD/JPY still in sellers zone and is trading in our 4HR GWS and 4HR Breach Area. I will continue to watch price action around these areas. If price reacts my trade will be @111.760 or @111.650 area. My potential TP is @110.760 which is my 4HR Threshold. #SIMPLETRADING #BEYONDFX
TRADING TIP
We all have the ability to place a trade when our candle is not closed. Having PATIENTS is another key to success in trading. Alot of my mistakes came from entering the market before candle close because of the FOMO syndrome. Trust the market isn't going to shoot up in one second lol. This was my mentality for some while. HINT: the Market is very psychological. It will make it seem like the price will shoot up with pulsing the candle. This draws a lot of traders eyes and $$$$$ pops up in there brain. THIS IS HOW THE MARKET IS. Think about this and put your self in the big financial banks across the world. If we all as traders are looking at the same info on the chart and the BIG BOY need to make money in the market. Wouldn't you need traders on the opposite side to trade with you. This is a human business point blank. Thats why we have pushes with Big Bullish or Bearish candle to catch the eye of retail traders. Then BOOM!!!! the market reverses. Think about it??...
TRADING TIP
We all have the ability to place a trade when our candle is not closed. Having PATIENTS is another key to success in trading. Alot of my mistakes came from entering the market before candle close because of the FOMO syndrome. Trust the market isn't going to shoot up in one second lol. This was my mentality for some while. HINT: the Market is very psychological. It will make it seem like the price will shoot up with pulsing the candle. This draws a lot of traders eyes and $$$$$ pops up in there brain. THIS IS HOW THE MARKET IS. Think about this and put your self in the big financial banks across the world. If we all as traders are looking at the same info on the chart and the BIG BOY need to make money in the market. Wouldn't you need traders on the opposite side to trade with you. This is a human business point blank. Thats why we have pushes with Big Bullish or Bearish candle to catch the eye of retail traders. Then BOOM!!!! the market reverses. Think about it??...