andrew-profit-trader-winner

EURUSD Upward Channel + Trader's Sentiments + News Timing

Edukacja
FX:EURUSD   Euro / Dolar USA
7
I started to include in my analysis timing the news because I expect this is where the most movement take place. Adding technical analysis such as drawing Channels, and considering traders sentiments. There is always a sequence when retail and wholesale traders put their trade. It is vital to know the timing where to Enter and Exit the market. I prefer not to get most of the profit from price movement because it's to risky. I would rather minimize my profit 50%-60% from price movement rather than to risk being in the wrong timing. I would let the price move 20% to what I predict price would move, exit when price reach 80% of my prediction. Longer exposure in an open trade gives me higher risk price may move against me.

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