Update on USDCAD
Watch my previous post, to see how this trade takes place.
Price already break below support makes the seller stronger.
and price finishes the shape of the descending triangle also an indicator for sell.
You can wait for a retest for safe trade.
You can enter sell now for more rough trade with big so above the support level.
If you Agree, hit the like button and follow me to share with others how to set up a trade.
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, the market always changing its direction, the important is we have reason and we have analysed it.
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!
Price already break below support makes the seller stronger.
and price finishes the shape of the descending triangle also an indicator for sell.
You can wait for a retest for safe trade.
You can enter sell now for more rough trade with big so above the support level.
If you Agree, hit the like button and follow me to share with others how to set up a trade.
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, the market always changing its direction, the important is we have reason and we have analysed it.
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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