Thursday, January 15, 2015

CHFJPY Short

I was going to stand aside after coming into the market and seeing what SNB did to the market!! Even my linear CSM was flat but then I turned to the one minute and began to notice a trend change. Not sure whether this was head fake, I stood by my decision to stand down but all of a sudden I discovered that this was not head fake and the US traders seem determined to reverse what happened earlier, so I entered on a falling knife for 60 pips in under 2 minutes :-) Now standing aside.



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