I opened a long position yesterday in the USD/JPY pair. It was a loss. When I opened it I knew there was a good chance I was getting in too early so at first I decided not to enter it, but then I talked myself into doing it anyway. Lesson learned: Don't enter trades when in doubt, period. I have since reopened the position, long again, but this time the price is at the exact price point my indicators say is strong resistance. I have a tight stop and good headway in the TP area.
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