
Platform: Oanda (Demo)
Charts: 1 hour
Currency: USD/JPY
Short
Price: 109.083
S/L: 109.315
T/P: 108.900
Inside Candle: 22:00
I took this trade because the 22:00 Inside candle had not been broken yet at 23:30 when I sat down. It was below the close of the previous day, so I'm going short. Also it appears to be going with the downward trend. When I checked the 3 hour charts I noticed that their seems to be a resistance at the place it hit twice earlier in the day.
EDIT: I believe I placed this trade incorrectly. I think I am supposed to be placing a "short" limit order 2-3 pips beyond the break of the inside candle. Not where I actually placed this trade.
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