We didn’t have to wait long for a bit of action in this one.
I must admit to doing a very ‘anoraky’ thing and staying up until 3:AM my time as I watched this possible long entry approaching. Those weighty holiday bar tabs due are not going to pay themselves you know 🙂
I wrote in yesterdays post of my hunch that the trendline combined with the 50% fib level (blue area) could provide us with a bounce….and so it did. I covered the remaining half of my short trade and opened a long position in a swinging stylee.
I couldn’t have wished for a better entry as the price stopped right on the money in textbook fashion. 50+ pips up at the time of writing and banking some profits here .
NZDJPY-H1
Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
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beautiful