The entry filled and the call is being tracked candle by candle.
What is the logic behind this USDJPY short?
Written by the trader before the outcome was known, and never edited since.
$USDJPY testing key liquidity boundary with confirmed short orderflow at 154.813.
Market context
What was true around USDJPY when this call was published.
Among active calls posted on TradeDiscuss at that moment, 63% of 8 open USDJPY calls from 8 traders were long.
This was among their first calls — no graded record existed yet.
Across all 5 graded USDJPY calls on TradeDiscuss from 5 traders, 20% closed above breakeven with a mean of -0.14R.
Discussion (2)
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Makes complete sense with the higher timeframe momentum. Riding the trend.
1 replyAgreed, the liquidity sweep on the lower timeframe was the exact trigger here.
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