Took this trade based purely on JPY weakness, and unlike the UJ that had 2 resistance points (YH + R1), this had only the R1 to break. I chose to close it immediately due to this resistance point since I was just fishing and will wait for proper retest and break before entering again.
We seem to be in either a reversal or rest day after the big move from last week, and will stand aside to see what happens prior to the start of the US session. What I like about my system is that I will not be in wrong trade as all my potential trades were not triggered; even though I may miss some reversal trade(s). The system will definitely reset within the next one or two sessions. The test continues.
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