Having some time today, I thought I would try tracking one of my trades at the one-minute interval.
I opened a long position at 3.14pm with the AUD/JPY pair @ 79.373. The price fell to 79.3 (see label 11 below) before it started a nice upward trajectory towards my target sell price at 79.57 (green line).
At 3.45pm, it nearly hit my target before falling 79.48.
At 4.59pm, there was a surge in price but again, stopped short (2 pips...) of my target price.
Having spent nearly a hour of my life and seeing a wedge forming, I gave up at 4.14pm and took the profit of 15 pips.
