I like your analysis very much following you every chart :)
but I didn't trade this fomc impact because lt is very risk.
PatternSniper
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@thinkingtrading, Thank you very much. Your comment is highly appreciated. Wish you great profits. If you use Stop loss like we say in all the charts, youre safe. The stop loss you need to honor it, if it reaches it. then its good because you respected your trade idea. Otherwise if you keep changing it. bad start
thinkingtrading
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@mastertraderz, thank you for advice . You are the best technical analysis that I have ever seen combined with about 10 years experience for your trading. please update every chart I will look your analysis after that planning about my risk management. I know not every analyst can forecast correctly every chart but money management can help me to get low very trade(stop loss) that you said "NOBODY KNOWS THE FUTURE"
Thank you.
thinkingtrading
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@thinkingtrading, edit words but "money management can help me to get low risk every trade(stop loss)" sorry very bad in english :)
PatternSniper
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@thinkingtrading HAHA dont worry. rule 1 .- DELETE YOUR EMOTIONS WHEN TRADING.. but nobody tells you how t o do it ,, right? I ll tell you the SECRET ... DO THINK ABOUT PIPS, not about money. AND 2.- split your account into 10, at least, and then each 1 of the 10 parts of your whole account needs to have its own stop loss... and 3.- if you trade EURUSD it counts as 1 trade of the USD, and if you ALSO have another trade like USDJPY then it counts as 2 trades in the same USD... so thats WRONG.. you need to have ONLY 1 open .. and until it closes.. STOP LOSS OR PROFITS,, you trade the second. There are HUNDREDS of times in the day when you can place a trade so DONT WORRY, ...
thinkingtrading
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@mastertraderz, interested methods, Can you change the words in to the excel or picture?? I will read and follow in your strategy.
Thank you.
PasinduRashmika
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Dear MasterTraderz,
Nice Setup... Thank you... waiting for your new analysis..
but I didn't trade this fomc impact because lt is very risk.