Towards the close of Londons session, the Market Makers were doing a good job in making everyone believe that USDJPY was showing weakness and may look to roll over.
Price was consolidating just below the 109.750. This was telling me the MM had interest sending price higher. Usually the MM build thier longs below certain areas of interest, in anticipation of closing higher, the same for shorts.
So I entered, as the signs were showing the following:
Price was trading above the 50 day.
Volume was coming in showing support, also monthly resistance was being tested and support.
This was a test on my patience, there was so much whipping and whacking by the MM, i questioned my entry. I could have improved it more to avoid a drawdown, but i guess we learn.
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