I guess that I'm intimidated by strong trends. I don't want to be part of them, but I want to go against them. Don't ask my why, I dont' understand it. I noticed that before so I didn't got myself in difficult position by going short.
In the end I did take part of reversal in eur/jpy. Not very good trade, but I made some profit in it. + 7 full size pips
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2 comments:
You probably don't want to go with the trend because you really don't believe it will continue. I get the same feelings all the time, but I follow my rules anyway 99% of the time.
Nice job avoiding the losses! I also find it hard to jump into the middle of a strong trend like that. I like to get in after a decent pullback has happend.
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