JULY 30 Recap - GBPUSD / EURJPY
ShaneD
Today was a much better day for combined session results. POQ was the word of the day in both the London and U.S. session. One issue currently is the setups are a little tiny. Also, we are finding many trades with the stops inside the candles. This has much to do with:
1. the range the pairs find themselves in
2. many of the larger moves are happening outside our trading timeframe.
So what to do. For me, we are going to let this play out to see when the resolution in the market comes. We could start tweaking things now however great times, good times and bad times in trading come much like the waves in the ocean. Bottom line, the system still performs even when market conditions are not always the conditions you would choose if you could.
On a side note as I wait for the video to render, I am watching the EJ keep attempting to break above the 134.70 level. Even when it gets rejected, there is a regrouping and another run at it. It doesn't quit. The EJ right now is teaching a valuable lesson.
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