EURGBP longs: Two weeks’ long waiting finally pays; Trading philosophy described in details, may be helpful a little bit
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
Step 2. Determine your trading time frame and follow the respective trend
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.
Step 4. Protective stop-loss order placed at the same time
Step 5. Reasonable target according to your time frame and willing to change according to the changing market conditions
Step 6. Never over-trade, including frequency, positions, and so on
Edited 20 Aug 2021, 16:22
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.