My style of trading is typically done on the 15 minute chart and positions are closed daily.
Today I had been looking for a setup on the GBPJPY but found the more subdued USDJPY providing a better entry.
It was late in the U.K. session and the USDJPY had begun to decline.
The markets are EXTREMELY volatile at the moment. You may do everything right and according to your trading plan, but President Trump may say something that causes a trade to go against you. Be aware of the economic news and any pending Tariff talk.
If you follow sound money management and execution, any losses will be 1 percent or less.
Good luck with your trading!
Note: I’m easing my way back into teaching intraday trading again. After a three year break from teaching, I have decided to very selectively teach once again and share over 20 years of currency trading experience. Due to the limited times available that I can offer to one-on-one mentor you, my course is best suited for North American, UK and European residents.
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