GBP USD is respecting EMA200
GBP USD is still above the EMA 200, After EMA 200 breakout I'll be waiting for the opportunity of going short. My second confirmation will be MACD.
For being a succesful trader:
1. Money Management (max risk per trade 1-2%)
2. Money Management (max risk per trade 1-2%)
3. Money Management (max risk per trade 1-2%)
4. Any strategy or indicator will work fine with 50% accuracy but the key is 1:3 risk reward ratio atleast.
Happy Trading!
For being a succesful trader:
1. Money Management (max risk per trade 1-2%)
2. Money Management (max risk per trade 1-2%)
3. Money Management (max risk per trade 1-2%)
4. Any strategy or indicator will work fine with 50% accuracy but the key is 1:3 risk reward ratio atleast.
Happy Trading!
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