OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
For example... One entry strategy.... Trading with precision. Have a setup based on larger structure and market analysis. Wait for a flag (potentially completed corrective wave)...... Look for price to break trend line (see wick)...... Let price pull back....Then place a sell stop order under wick for breakout. Stop loss above high of corrective wave...... Then, you have the whole when do you take profit and how, where and why do you get a trade at break even and let it run. Without that, you are just hoping, not being mathematical. Patience is a virtue. Most of the time, the market is just setting up.....

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