Courses › The STT Strategy: A Proven System for Every Timeframe
Practical Example 05 EURJPY ref 0014
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What this lesson covers
This practical example covers the euro against the yen on the one hour chart, reference 0014. It is a winning trade, but that is not why it was chosen. Daniel describes it as an annoying winner, and it is included specifically for traders working at level one, because it is the kind of trade that tests your patience and tempts you out of the position long before the target. He walks through it as a level one trader would have experienced it, without the additional tools that come later in the course, showing what the position did, where the pressure to close it early appeared and why holding to the rules was the correct decision. Trades like this are common, so preparing for them matters.