look at the higher time frame.
I usually wont trade that if the price is below the 200MA,
I usually make sure that everything is aligned, wait for the price to go above the 200MA , for a better trade set up
yah, you need to have a lot of discipline to be profitable in trading…
thats why i took 2 months off, since i couldnt see a good trade at all
just trade only when there is an A+ set up
Hey Guys
Im in Canada, do you have any broker recommendations that has low fee.
I do have Interactive broker account and my fees are quite high i think…
your suggestion is highly appreciated.
thanks
it should have been done in just 4 candles but missed it by 2 pips and had to wait half day to reached 1R TP
this GBP/USD will be hard since it needs to break the 50EMA
so the best part here is sell near the EMA half and let the half run while moving the SL to entry
Great job on discovering the strategy that is right for you. Would love to know how this is working for you. The risk management on the new strategy looks great but make sure to watch your trade and take instant decisions than firmly sticking to the predefined Risk Management levels. Hope that makes sense. All the best.
JUst moved the SL to entry since it touched the 50EMA already.