At the time the JPY was the strongest and it was to the downside. The Jpy was the Leader and I could tell that the JPY was the currency to trade.
I will wait until I get at least two pairs with entries of the same currency before entering a trade.
Meaning. If I want to enter an Aud/jpy buy trade I will first need another valid buy entry for a different JPY pair. This is just one of the little things I do to confirm my choice to trade the JPY. In this case, I had many JPY trades open up for me at around the same time.
Another thing. I know you can get caught up in all the indications. You see the blue trend line or pink-red trend line and think buy or sell.
But I'm telling you right now get to know your candle patterns.
The simple go-to ones. I always like an engulfing pattern with a pullback or slight pullback and a breakaway candle at the end.
That's how I like my trades.
Everyone is different. You will eventually like what you like.
This is the simplest way to trade. There is much more to making money than this but thats all for today.
DRAXILL
