Looks like it is still trying to go down today. I will try to wait until it re-test 1.4350 before taking a sell.
This will be hard...I had to force myself away from the 5mins chart so that I wouldn't take a buy trade at 1.4330. I think I am built to trade counter-trend and inexplicably trigger-happy. it was downright painful. I started up my twitter feed to force myself to follow the rules.
Yesterday was a good day. Hit 25pips on 3 quick trades. All 3 trades were sells (in the direction of the trend)
Definitely trying to work on going with the major trend this whole week.
Here are the rules for the week:
- Go with major trend
- Confirm support or resistance at 15min chart
- Exit at 7 - 1 min candles or when it hits major support/resistance e.g. 80, 00, or 50