Consider forex trading in terms of likelihoods. Nothing in investing is ever before a certainty. In some cases, you will lose, even if you did all the right things. That does not imply you made a bad trade, it just suggests that the likelihoods turned against you. Thinking in terms of likelihoods will help you concentrate on the truths of the scenario.
FXStreetForex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD ...FXStreetThe market was opened with a gap up today. Eurodollar is trying to continue its ascending movement, but hasn't been able to stay above level of 1.2456. This descending movement may be considered as a wave towards level of 1.2360; while moving ...and more »...Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD ... - FXStreet
You can always stick out of a trade, you have that individual right. If you are skeptical about your position of a trade, it is best to avoid of it. If you do not have adequate details to make an informed decision, it's better to sit out of the trade than to make dangerous uninformed decisions.
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