identify the trend
stack position by scale-in, buy on the dip in a bullish trend, sell on the rally in a bearish trend
realize the profit by scaling out to grow the balance.
EURUSD bearish trend identified at 2016.04.11 13:00
the game plan is to sell on rally
currently have 1 short at 1.1431 in both my 4 & 5 digit account
stack position by scale-in, buy on the dip in a bullish trend, sell on the rally in a bearish trend
realize the profit by scaling out to grow the balance.
EURUSD bearish trend identified at 2016.04.11 13:00
the game plan is to sell on rally
currently have 1 short at 1.1431 in both my 4 & 5 digit account
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH