EURGBP longs: Two weeks’ long waiting finally pays; Trading philosophy described in details, may be helpful a little bit
#EUR/GBP# #Tickmill# #OPINIONLEADER# #traderoftheweek#
It’s NOT common to be a mid/long term trader in FX/BULLION/COMMODITY markets, yet you can be the one. Why were these bets placed 2 weeks ago?
1. Bullish divergence doji
2. Important technical level
3. Former / double bottom
4. Personal belief systems/ biological software
Good luck everyone!
Big bucks easily.
Step 1. Verify long, mid, and short term trends of what you want to trade
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Step 2. Determine your trading time frame and follow the respective trend
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Step 3. Decide left or right side entries which ever fits your own personality well, always bet with reasonable and confirmed technical signals, avoid hopes, guesses and fantasy.
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Step 4. Protective stop-loss order placed at the same time
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Step 5. Reasonable target according to your time frame and willing to change according to the changing market conditions
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Step 6. Never over-trade, including frequency, positions, and so on
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Edited 21 Aug 2021, 00:22
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