Error #1: The background was weak due to the supply present in the market, and the trend didn’t help either.
Error #2: The market is too choppy (volatile). Wait for a break-out of a resistance (at ~86) or for prices to get near an important support. That’ll guarantee there is more demand than supply.
Error #3: Trailing stop wasn’t set. It should be set below wide spread up bars.
Files:
audjpyvsatrading.png
104 kb
