DislikedHow to know when to enter long or short? I don't know how to predict price and always betting.
Thank youIgnored
Nison books on Candle sticks are excellent.
But remember to trade with trend.
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DislikedHow to know when to enter long or short? I don't know how to predict price and always betting.
Thank youIgnored
DislikedHow to know when to enter long or short? I don't know how to predict price and always betting.
Thank youIgnored
DislikedPrediction is not a good way to frame it. You should see trading from a probabilistic standpoint.
Traders usually have a trading system, a set of strategies and steps that they follow to find opportunities of buying and selling the currency that in the long run will show a profit.
It's impossible, today, to really predict the price, but we know some common reactions expected from the market to news and chart patterns.
A good trading system is important, but more than that is a great risk management.Ignored
Disliked1.5 was virtually ignored but I am still looking for a good place to short this pair. It is still in the down trend channel.
Anyway, talking to myself I decide this is an important level and I look to join the downtrend by setting a sell stop about 1.5060, which is the low of today. I do this because if my theory was correct, then my order will be picked up. If it was not correct, hopefully my order will be passed by.Ignored