How about the Dow reaching an all-time high today!
Man, I’m on a losing streak. That’s how it goes though, just have to ride it out.
4:02 ET – S(5) USD/JPY @ 1553, Stop @ 1571, Target 4 @ 1509, TS 1 @ 30 pips
Looking for bounce off intermediate high.
5:37 ET – Stopped out.
Trade totals: -18 pips X 5 = -90 pips = -$7.78 (-$778 in full sized account)
1 hr
Pivots
R2 1589
M4 1568
R1 1547
M3 1527
PIVOT 1506
M2 1485
S1 1464
M1 1444
S2 1423
Follow up: I was correct about the direction, I just missed the top…again. It bounced off the figure at 1600. It was too much of an intermediate top, not strong enough to hold.
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