After the worst losing streak in my recent trading history, it was time for me to take a break and review my trades.
I have identified a possible reason, for my poor returns.
I am in short EURJPY, using the Tenkan Sen resistance on the 1 hour chart. This is marked pink on the chart below.
The entry was made using bearish candle signal, and stop allocated just above previous candle high.
Trade closed earlier than strategy suggested. I just wanted to be back on the wining side.
