From my point of view swing trading resembles a lot to swimming in the open sea.
You leave the shore to reach an island in the sea; sometimes the current is benevolent and helps you get where you want to go, but other times the sea is so rippled that the waves blow you up and down.
When you're down there, wide offshore, the shore may seem very distant.
In these cases the basic thing is do not panic, relax, reduce your resistance to a minimum and wait for the storm to pass.
On April 14 I opened my short position on usdjpy, a few days after my entry into the market, the storm caused by the French elections and the tensions between USA and North Korea kicked me offshore.
The impression is that the storm forces are now decreasing, I'm still far from the shore but the hope is that the worst is over. Maybe in a few days, the current will come back benevolently and resumes the main trend. It's almost time for a new bearish wave
You leave the shore to reach an island in the sea; sometimes the current is benevolent and helps you get where you want to go, but other times the sea is so rippled that the waves blow you up and down.
When you're down there, wide offshore, the shore may seem very distant.
In these cases the basic thing is do not panic, relax, reduce your resistance to a minimum and wait for the storm to pass.
On April 14 I opened my short position on usdjpy, a few days after my entry into the market, the storm caused by the French elections and the tensions between USA and North Korea kicked me offshore.
The impression is that the storm forces are now decreasing, I'm still far from the shore but the hope is that the worst is over. Maybe in a few days, the current will come back benevolently and resumes the main trend. It's almost time for a new bearish wave
