TheAnonymousBanker

THE MOVEMENT: What's the difference?

TheAnonymousBanker Actualizado   
FX:EURUSD   Euro/Dólar estadounidense
In both cases, the trend is bullish and we see the pair reaching same price .... but the big difference is "how" the pair reaches it!

1st example
- Wait for a pullback, look for a support area, and take long position.

2nd example
- Try to take a short position on a resistance or reversal pattern.

When you try to take a position on the market, always study the chart from different points of view and never forget the 3 rules:
1st: Cuts losses!
2nd: Cuts losses!
3rd: Cuts losses!

NOTES:
- In either case, you should not risk more than 2%/3% of your asset.
- It does not matter if you lose a battle ... the important thing is to win the war!



We hope this information has been helpful!
Thank you for your support and trade with care!
Comentarios:
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By Anonymous Banker
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