Market seem to fly focus on FIBER!
The third point for the down trendline had been break above and retest to the support zone.
The descending triangle is hard to break above which can cause strong bullish which make a trader like me to layer and still take within below 5% risk capital.
I put small lot size for now and if its go down every 5 pips I will put another entry and so on. Stop loss 60 pips down, open tp.
If you Agree, hit the like button and follow me to see my opportunity to buy or sell in the market.
Keeping the trade simple, even it's super simple, as long as you understand what you are doing then take the risk to gain.
Priority:
1. Stop loss must smaller than your take profit.
2. Must at least 2 reasons why you enter the trade.
3. Trade and Forget.
Psychology:
1. Not all setup is valid, its fact.
2. Trading is predicting the market.
3. The only way to win in Forex is by controlling your lot size and your risk to reward ratio.
4. Sometimes when the price hit your stop loss but you still follow your SYSTEM, its still a good trade. READ IT AGAIN!
The descending triangle is hard to break above which can cause strong bullish which make a trader like me to layer and still take within below 5% risk capital.
I put small lot size for now and if its go down every 5 pips I will put another entry and so on. Stop loss 60 pips down, open tp.
If you Agree, hit the like button and follow me to see my opportunity to buy or sell in the market.
Keeping the trade simple, even it's super simple, as long as you understand what you are doing then take the risk to gain.
Priority:
1. Stop loss must smaller than your take profit.
2. Must at least 2 reasons why you enter the trade.
3. Trade and Forget.
Psychology:
1. Not all setup is valid, its fact.
2. Trading is predicting the market.
3. The only way to win in Forex is by controlling your lot size and your risk to reward ratio.
4. Sometimes when the price hit your stop loss but you still follow your SYSTEM, its still a good trade. READ IT AGAIN!
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