1. Label your key support and resistance zones.
2. Understand what the chart is trying to tell you.
3. Look for important candlesticks.
Hello traders!
I've written a very short brief on one of the successful trades I took last week. I kept it very simple and the steps mentioned above were the main reasons i entered long on USDJPY.
Many will think I've closed the trade very soon (which could be very true). However, this is purely because I wasn't in the best mood that day, and when emotions roles in I AVOID trading the markets.
Less emotions = More $$$
Please feel free to ask me any further questions :)!
Happy trading,
Abdulla
2. Understand what the chart is trying to tell you.
3. Look for important candlesticks.
Hello traders!
I've written a very short brief on one of the successful trades I took last week. I kept it very simple and the steps mentioned above were the main reasons i entered long on USDJPY.
Many will think I've closed the trade very soon (which could be very true). However, this is purely because I wasn't in the best mood that day, and when emotions roles in I AVOID trading the markets.
Less emotions = More $$$
Please feel free to ask me any further questions :)!
Happy trading,
Abdulla
