Lesson: One way I prefer to trade in uncertain territory is with trailing stops that break even trades when they run into critical support or resistance.
In this example, buy stops triggered a CADJPY long, but a trailing stop set the position at break even once it hit the critical Monthly R2 resistance pivot. This preserved my capital during the unexpected NY reversal.
In this example, buy stops triggered a CADJPY long, but a trailing stop set the position at break even once it hit the critical Monthly R2 resistance pivot. This preserved my capital during the unexpected NY reversal.