020316 USDJPY H4 Short

Alert sounded when price was at a supply level I wanted to trade on the UJ. Waited for a candle confirmation (Bear EP) and entered. will update as a when...

Getting back to Supply and Demand

Got too preoccupied dogmatically trading with trend pullbacks while not being aware of where price was on the overall supply and demand curve.



This has meant some pretty shocking trades and a series of constant stop outs which has been very frustrating.



You can say what you want but buying high (at institutional supply) and selling low (at institutional demand),  even if it's "with the trend" is moronically stupid.



The trend can be your friend, he can also be a lying Judas bastard.