Bad News for US yesterday but I went Long on USDJPY, this is why!
- Panagiotis Diamantopoulos
- Sep 12
- 1 min read
Simply because I read what the chart says not the news and followed Lesson 15 methodology
Highest Up wave for a while after hitting a major Support level
Placed my AVWAP on the beginning of the previous down wave
Wait for the price to pull back to AVWAP
PVR quite high when we touched AVWAP
Placed my stop below Fib 61.8
Closed at next resistance with + 68 pips
For more details watch this video for lesson 15: https://youtu.be/QPG59GWr5HQ?si=sgzxsOCd13WF7IBh
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