[LearningToPimpPips]

OK...doing a little bit of a gamble trade here as I continue to try and learn the candle patterns.

EUR/JPY...entered short at 163.60 because the previous 3 candles had long bearish wicks. INterpreting this a sign that bears are trying to push down, but bulls have held so far. This is immediately after a large bull candle.

Looking at this as the bulls are losing steam, and a reversal is coming.

We'll see how it goes.

UPDATE: Broke even.

Lesson learned - trailing stop on Metatrader only work when logged in. My wife shut down the computer last night so my 20 pip trailing stop didn't execute when I went to bed. My strategy was to have a trailing stop to sell overnight to lock in profits. If I had stayed in, I would have made 30 pips on this trade.

Since I was in the position after 5pm ET, I was charged an interest fee of 1.86.