Staying flat for now

I've been trading this chart for a few days, figured it would turn around once it hit the high trendline -- which it did. I'm no wizard, just figured it was an older point of resistance which would likely stop it. Presently flat and going to wait for another opportunity to present itself.

TBH with Forex I'm always leveraged, so it forces me to take a step back and really think about my trades.

Here's what I always consider, hopefully, it'll help you too:

2-3 reasons to enter
Entry price
Exit price (could be a few targets, ie: sell 50%@T1 30%@T2 20%@T3

Trade safe out there!

Kommentar:

Please feel free to comment, I'd love to hear what you have to say!