I was busy the whole of yesterday 22nd april. So pretty late on the night of the 21st April, I saw an opportunity to enter the EURJPY short. However, it was well past midnight and so far taking late night trades and holding them overnight have not proven to work very well for me. So I decided not to take it.
But it looked like a really good short setup to me, double tops forming a double top on the larger time frame against the 50% retracement level. My fingers were itching like crazy to get into that trade.
So instead of taking it on the live account and breaking my rules, I took it on a demo account..and it worked out very well.
This morning I tried to position myself for a downward continuation, unfortunately it didn’t happen. Since I was out of the house, I was unable to reverse my positions and go long with the london open. Zzz
Think it’s time to get a hp for mobile trading, possibly the iPhone since it’s supported by Dukascopy, which is going to be my new broker.
Trade descriptions on the charts.
