a small demo video of my work know as techno funda in which we find a stocks with technicals and fundamentals ,but most important thing in market is sustainability ,which is only possible by proper risk management
In my journal, I'm noticing GBPUSD made a new lower low on the 4 hour timeframe. Although price is in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade.
I prefer to trade down to my weekly estimation zone 1.27620 and entering on the 4 hour timeframe to keep the stop loss small.
Trade at your own risk and...
Wow! As we forecast yesterday, the market is shaping up incredibly.
Today we have brought in some £ pairs as we have some very high probability trades that could be forming. These would be textbook, low risk set ups.
Also a small lesson on NZD/JPY for us all to learn from myself included which I feel could take so many losses off the table for people....
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Given the current state of the markets at the moment, especially this morning, Correct risk management becomes ever more prominent as a skill. If you do not possess it, you are both putting your capital largely at risk AND missing out on Trades you could actually be taking in the...
