StewySongs

EUR/JPY Short and NZD/JPY Short

Short
StewySongs Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
EUR/JPY Short

Minimum entry requirements:

• If 2 touch 15 min continuation, 5 min risk entry within it.

NZD/JPY Short

Minimum entry requirements:

• If 2 touch 15 min continuation, 5 min risk entry within it.
Comment:
"In the market environment, you have to actively participate to get into a trade and actively participate to end your losses.

If you do nothing, the potential exists to lose everything you own."
Comment:
"The market neither chooses nor has any way of choosing the meaning you attach to any particular price change or market condition."
Comment:
"The unique way you define a loss {your beliefs about it) and what it means to you is a component part of your psychological makeup."
Comment:
"The power you have to create more fulfilling outcomes from your trading resides in your degree of mental flexibility."
Comment:
"You have to learn how to flow with the markets;

you are either in harmony with them or you are not."
Comment:
"You can't change what the market is doing.

You can only change yourself in a way that allows you to perceive what it may do next with increased clarity and objectivity."
Comment:
"When you put on the trade, you had to have some belief about the future.

What you need to do is learn how to release yourself from the demand your expectations be fulfilled exactly the way you expect them to be."
Comment:
"Releasing yourself from the demand will allow you to shift your perspective to perceive whatever opportunities exist in the market now, as if you didn't have a trade on at all."
Comment:
"Even though you can't actually control the market's movement, you can learn how to control your perception of the market's movement in a way that allows you the maximum objectivity."
Comment:
"The depth of your insight into the market's behavior is equivalent to the number of distinctions you can make and the quality of these distinctions."
Comment:
"To be able to make some kind of quality distinctions that will eventually develop into a "vision" of the broader perspective, you will need to learn how to expand your time frame perspective of market activity."
Comment:
"When you understand how fear operates in your trading and have conquered it, you will be able to see how fear operates in the market as a whole and then be able to anticipate the group's reaction to certain kinds of information."
Comment:
"If you pick and choose market information on the basis of having to justify your beliefs, you are putting yourself at an extreme disadvantage."
Comment:
"Your ability to execute your trades is a function of the amount of fear you generate or the lack of it."
Comment:
"In the market environment you are free to act or not to act;

the markets cannot do anything to you that you don't allow, even if it is out of ignorance or a complete sense of powerlessness."
Comment:
"Any psychological injury diminishes your capacity to execute your trades properly."

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