EURJPY short trade on 20/1/23
Pre-Analysis
-VSA chart system: -
Entry
- Strength meter
- Time of entry 7:21pm
- Risk 0.25%
- Exit plan @ 142.885 for approx. 1.4R profits
Post Analysis
- Trade stop out
- Full risk
- My state of mind was I am not sure whether to scratch this trade or not. I am not certain what was the right decision. (Time was around midnight).
- Correlation strength was not favoring JPY during New York trading session. It was dropped during London session but lost momentum when New York open.
- Price after trade was closed
