a beginner's attempt at the pairs

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Man ~constrarian stratgy on EurUsd (long) and made a nice profit and it's going through a correction again. BUT I did not short USdYen because I find shorting on reversal quite risky because of spikes at times...maybe I still need to gain more experience
 
Anyway, oh, my good news, I know how to avoid spikes when trading on bear reversal now!
By forming long-short positions with highly correlated currency pairs.
In my case yesterday, they were USDJPY and EURUSD.
I have just reviewed their divergent/convergent pattern.
I am confident using constrarian strategy for long positions but wasn't with short positions, but now I know how to do better, sweet :)

This is why I participate in real trading threads.
You discover something new while helping and discussing with others :)
 
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