Over the weeks and months, I have realized that essence of the abbrev. KISS.
Our minds needs to be as simple and as free as possible for trading.
Moreover, I'm implying 70% of my trading would be psychological, which would include money management, rest would be simple chart pattern reading on a 4H chart.
I would want to make trading as simple as possible as watching TV.
The chart shows a reverse head and shoulders pattern for EURJPY, however, as we have almost reached the daily average pip count in EURJPY, it would now depend on how higher the dow goes, we could still get 50 to 70 pips more if the dow goes higher than 8188 level.
Our minds needs to be as simple and as free as possible for trading.
Moreover, I'm implying 70% of my trading would be psychological, which would include money management, rest would be simple chart pattern reading on a 4H chart.
I would want to make trading as simple as possible as watching TV.
The chart shows a reverse head and shoulders pattern for EURJPY, however, as we have almost reached the daily average pip count in EURJPY, it would now depend on how higher the dow goes, we could still get 50 to 70 pips more if the dow goes higher than 8188 level.