ELIMINATING RISK BEFORE PROFIT! EURUSD BREAKDOWN
Just a bit of a breakdown on EURUSD.. We are still in a long term downtrend so my radar is still on short positions! I want to see what price does where it is at the moment and see if I can get given the opportunity for another short. We should get a big move down if price action respects this long term downtrend. RISK MANAGMENT personally I never risk more then 2% of account balance but like I've explained, once I move straight into profit I move stops to eliminate risk.. if price returns to that area more then likely price will not go our direction.
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