USDJPY - 2H - Trading with the trend

17 мая 2016 г.

Recent trend has been downward, thats why im still looking for shorts. we are now sitting a trendline cluster and i think i will use this for a predictive entry with a small position. if we find followthrough i will add to the position later on. probably after the breakout of the lower blue dashed line.
you can also wait for some sort of confirmation or go for a conservative 1:1 trade with stops above the recent retest of solid blue trendline(112).
but i like my setup a bit more.
also, if we do breakt the blue solid line to the upside, my bias will switch to neutral and longs will become more appealing.

18 мая 2016 г.

Заметка

the feeling when u enter and the market turning around right away ;) time to move stops above yesterdays high - which is basicly breakeven - since we should be protected by the solid trendline now

now lets see if we can break the lower dashed line. if so, i will look to add to the position