I´m attempting an small long on EURSEK . Be careful with the size of this position because this pair is highly volatile .
From a fundamental stand point, yield diferentials between Euro vs Sek support this trend.
Technically the move above 200 MA , and upside breakout of the triangle favours a scenario.
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
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