Still, I entered a long USD/JPY position at 119.62 as the price candle closed above the opening range high of 119.57. However, I had to be on the defensive side and exit the position for -3 pips due to some price bearishness seen in other USD pairs.

GBP/USD - I should have entered on this.

EUR/USD - Earlier, I have avoided shorting the Euro. It is always a good practice to observe the price correlation among the major USD pairs.

No comments:
Post a Comment