do leave a comment n advice so i can improve my trading skill...
thanks a million....
Comments
ForceFollower
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OK., SafwanSopian. Here's my advice for trading this market:
1) consider entering only long positions,
2) before you enter allow for the ongoing correction to get at least to 113.7,
3) draw at least basic trend lines, so you can better feel the trends,
4) exit either at the approach to the trend line (that's just been broken) (about 115.1) or at the stop loss,
5) place the stop loss order no higher than the low of 113.156.
Disclaimer: I assume no responsibility or liability for any trading or investment results. My advice may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
SafwanSopian
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thanks so much sir for ur advice + good education for me... will take it as good as possible... i'm so sorry that my S&R are to much but that is how i wanted to trace how and when the market wanted to stop n hanging around a little before they violate certain S&R or new places.....
thanks again for this good advice... i'm thrill..... looking foward to take ur advice on my trading for this pair....
best regards,
SafwanSopian
ForceFollower
⋅
You're welcome, SS. Currently USDJPY is a very good choice for a long position. Also make sure you've got some capital protection measures in place, like "know your risk" (ie. know how much you're going to lose, if market hits your SL order), before you enter a trade and stick to it.
SafwanSopian
⋅
thanks so much for ur advice sir, i wish to hear from u again soon on my others idea....
1) consider entering only long positions,
2) before you enter allow for the ongoing correction to get at least to 113.7,
3) draw at least basic trend lines, so you can better feel the trends,
4) exit either at the approach to the trend line (that's just been broken) (about 115.1) or at the stop loss,
5) place the stop loss order no higher than the low of 113.156.
Disclaimer: I assume no responsibility or liability for any trading or investment results. My advice may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.