Yahia.Awes
Short

Short EURUSD at resistance

FX:EURUSD   Euro / U.S. Dollar
769 14 16
Major resistance here! Short for double bottom at green channel support. (Weekly)
snapshot

As you can see the weekly also has a bearish divergence which is lurking. Good R:R on this one, but money management is important too.
This is crazy mate. Right on dot, unbelievable. Great work :)
+1 Reply
Yahia.Awes moneymaking
Resistance, candle stick, divergence and guts is all you need. Thank you!
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moneymaking Yahia.Awes
That's absolutely right. Pulling the trigger is what many traders lack.
+1 Reply
Yahia.Awes moneymaking
Yes but know your risk more than your potential gain.
+1 Reply
moneymaking Yahia.Awes
Yeah, it is all about controlling risk. We should pay less attention towards gains.
+1 Reply
Yahia.Awes moneymaking
Exactly, try to find setups with R:R ratio 1:4 minimum.
+1 Reply
moneymaking Yahia.Awes
I always aim for 1:2 or higher, if the market conditions are good :)
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Yahia.Awes moneymaking
Bro 1:2 I don't even look at, it's like gambling that ratio...
+1 Reply
moneymaking Yahia.Awes
Hehe :)
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Brilliant
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