We have a brand new downtrend on the hour 4 chart
We also have a broken trendline and a retest of that broken trendline
What is the plan ?
If you are already selling Eur/Jpy... Hold the trade.
If you are not selling Eur/Jpy , wait for some bearish movement on the hour 4 chart and not the 5 min chart.. not the 10 min chart... but the Hour 4 Cart and enter a sell.
My plan is to use a sell stop and let it trigger me in! When I post a sell or buy idea , that does not mean to just push the sell or buy button the moment the markets are open.
Im always trading very small because if I trade big I always lose the trade.
When I trade small , I usually win the trade and my account keeps growing.
Good Luck
We also have a broken trendline and a retest of that broken trendline
What is the plan ?
If you are already selling Eur/Jpy... Hold the trade.
If you are not selling Eur/Jpy , wait for some bearish movement on the hour 4 chart and not the 5 min chart.. not the 10 min chart... but the Hour 4 Cart and enter a sell.
My plan is to use a sell stop and let it trigger me in! When I post a sell or buy idea , that does not mean to just push the sell or buy button the moment the markets are open.
Im always trading very small because if I trade big I always lose the trade.
When I trade small , I usually win the trade and my account keeps growing.
Good Luck
That is fine!! As you know i trade small and I give my trades room to breathe!
So signal is working nicely... IF YOU FOLLOWED THE RULES!!!!
If you did not follow the rules, you lost the trade when it moved up about 30 pips last night before falling!!!
Always follow the rules!!