Hello, everyone!
From last week POUND try to pullback the bearish channel, And surely we’ve taken the bull ride! Remember market speculators are still bearish they will be adding more shorts add in pullback and there will lot of liquidity waiting 1.275xx range! So trade safely with risk management and surely with a plan!
Remember, there is no place for luck in trading - only strategy!
For best result in trading follow these rules for best result!
1. WHAT IS THE OVERALL TREND? PRICE ACTION WILL GIVE YOU CLUE!
2. . IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
3. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
5. AND MUST CHECK THE DIVERGENCE.
From last week POUND try to pullback the bearish channel, And surely we’ve taken the bull ride! Remember market speculators are still bearish they will be adding more shorts add in pullback and there will lot of liquidity waiting 1.275xx range! So trade safely with risk management and surely with a plan!
Remember, there is no place for luck in trading - only strategy!
For best result in trading follow these rules for best result!
1. WHAT IS THE OVERALL TREND? PRICE ACTION WILL GIVE YOU CLUE!
2. . IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
3. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
5. AND MUST CHECK THE DIVERGENCE.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.