Moneymanagement
NZD/USD Sell Opportunity NZD USD was the most bullish pair of 2020.now it broke a TREND LINE RESISTANCE and support now turned resistance and market is back at the zone to retest it look for bearish confirmation as per Fibonacci retracement is due to at least 38.2 after strong bullish momentum and than continuation to upside from strong support areas than enter sell with your own money management
Patience is the KEY
GBP/NZD GOOD SHORT POSITIONGBP NZD is going to touch the daily strong resistance areas and its very very important area look for bearish confirmation and than going down back to mention areas
its all about trading psychology and money management. Trading is all about mindset and discipline if you can hold your nerves will will win definitely but yes not immediately
patience is the key
GBP/USD GOOD SHORT ENTRY GBPUSd is going upward in the parallel channel and after strong rejection from the resistance its going to retest that support again and than will go down that mention areas
at retest look for bearish confirmation and enter short with with your money management always remember
PATIENCE IS THE KEY
SOME USEFUL TIPS FOR NEW TRADERS here are some tips for newbies. One thing, I want to say again and again don't rush in trading it's not a quick-rich scheme remember that. and every newbie needs to gain knowledge first about markets than most important part risk/money management need to learn because they r so important. Most newbies come into existence and think they have gone to use big leverage in one trade and they gone to be 100% right and gone to rick quick don't think in that way. u not gone to be 100% right all the time. remember u also gone to be face losses as well even experienced traders lose money but because of their money management they able to small their losses and when they win they big win. hope u understand what I mean who earned that GOOD LUCK. I will most more content for newbies so they can get the right path. thanks for reading :)
SOME USEFUL TIPS FOR NEW TRADERS here are some tips for newbies. One thing, I want to say again and again don't rush in trading it's not a quick-rich scheme remember that. and every newbie needs to gain knowledge first about markets than most important part risk/money management need to learn because they r so important. Most newbies come into existence and think they have gone to use big leverage in one trade and they gone to be 100% right and gone to rick quick don't think in that way. u not gone to be 100% right all the time. remember u also gone to be face losses as well even experienced traders lose money but because of their money management they able to small their losses and when they win they big win. hope u understand what I mean who earned that GOOD LUCK. I will most more content for newbies so they can get the right path. thanks for reading :)