Hi,
I thought that panic has gone away in EU zone and shall be calmer however volatility is still high.
I followed bascic rules. I went back studying market rythm after repeated failures.
I went long on cable 1.4433 TP30 SL around 30 (not set yet /watching online). 8/21 MA support, MACD showing some positive trend.
Price could went higher however after some time I realized that cable has been facing resistance (circles below). TP 30 hit.
I thought that one has to be careful on Friday.
Do you follow any rule regarding placing orders in special weekdays ie. not trading on Monday?
Thx
I thought that panic has gone away in EU zone and shall be calmer however volatility is still high.
I followed bascic rules. I went back studying market rythm after repeated failures.
I went long on cable 1.4433 TP30 SL around 30 (not set yet /watching online). 8/21 MA support, MACD showing some positive trend.
Price could went higher however after some time I realized that cable has been facing resistance (circles below). TP 30 hit.
I thought that one has to be careful on Friday.
Do you follow any rule regarding placing orders in special weekdays ie. not trading on Monday?
Thx