Good morning traders,
I´m entering a small long position on AUDNZD after the breakout of descending diagonal, above Kumo and bullish price action . Stop placed below 1.106 . As you can see a considerable risk , so trade small on this one.
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high .
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
I´m entering a small long position on AUDNZD after the breakout of descending diagonal, above Kumo and bullish price action . Stop placed below 1.106 . As you can see a considerable risk , so trade small on this one.
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high .
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles