Risk Management Time…Short Term Traders

Short term traders….

All the Yen crosses are completing the same wave count, and when I see that #5 staring me
in the eye on every cross on the same daily bar, caution is advised.

That 5 usually indicates that some back and fill is coming before direction can resume.
The question is just how much?

Tomorrow is the start of the mid-week shuffle, and with it directional pain often follows.

Tighten up your parameters.

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