Morning! Some good sound advise there my friend
Forex is more about protect your account first, try get a good anchor trade at extremes, add to rallys or dips depend direction, much less stress when enter, once achieve this, account will grow, not get rich scheme is much hard work research etc,
My plan EU anchor is top of range, had good entries each level break comming down, Swiss spike wipe out all trailing stops, is ok they banked, anchor still there, accordingly my bias is south, I am now trying to secure entry, around here, is start as scalp, but if range breakdown, is normal range break, longer the range more violent the break, so my new entry around here will be protected by range bottom, tl,s supports etc, will have 2 anchors
EU daily is flirt with bottom of bear flag / falling wedge whatever, if friut is many pips on table,
Of course dailys can seem slow and painstaking trades, but if you right side, is very rewarding
Chart is long term account.
Having said that on scalping account we entry heavy on touch ltl, stops are now BE, so is watch and waiting time
Trade safe bro
If you are new to Forex? Say Goodbye to your account!!
