Many traders express anxiety prior to entering into a trade and for good reason. There are many factors to consider when developing a trading plan for order entries. There are thousands of variables including different time fame charts, indicators, trends, and charting patterns to select from. We often get so caught up in this process that we forget that actively managing an existing position can just as difficult and is considered an important part of any professional trading strategy. Below we have a graph depicting the breakout on the NZDUSD, mentioned in the May 2nd edition of Chart Of The Day. Our entry was set ... (full story)