Think of currency trading in regards to likelihoods. Absolutely nothing in investing is ever a certainty. Often, you will lose, even if you did all the right things. That does not mean you made a bad trade, it simply suggests that the likelihoods turned against you. Thinking in regards to likelihoods will help you focus on the truths of the scenario.
FXstreet.comIs there anything that can push USD/JPY out of the range?FXstreet.comToday's central pivot point can be found at 102.47, with support below at 102.22, 101.83 and 101.58, with resistance above at 102.87, 103.12, and 103.51. Hourly Moving Averages are bullish, with the 200SMA at 101.95 and the daily 20EMA at 102.68 ...Yen Trading Lower In A Holiday-Thin SessionInvesting.comTrade Idea for the 9th -10th February 2014 – USD/JPYForex Market (blog)all 192 ne...Is there anything that can push USD/JPY out of the range? - FXstreet.com
Keep the procedure as simple as possible. Stick to one or perhaps two Currency pairs at one time. You will have the ability to comprehend what is going on with them much better if you are only seeing what a few them are doing at specific times of the day. You will have the ability to much better assess the info this way.
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