Positionmanagement
Pay Attention To These AreasIn this video we update our strategy for managing the EUR/JPY position that we took on Sunday as well as looking at some potential structures that could provide significant impulsive moves over the coming 24 hours.
Certainly some exciting times ahead. Let me know your thoughts?
Trade update. Call was wrong direction may be correctGot the EURAUD call wrong but have worked out a plan to accumulate as it goes higher. I can continue to absorb this loss in this currency thanks to optimized position size management and can apply different trading strategies to hold as the market runs a counter trend rally.
Trade Planning - How to Trade PlanThis video explains how to effectively trade plan to limit your risk and to maximize your gains. When it comes to Risk Management and Trade Planning, it's important to maintain a clear mind about the possibility of the asset your assessing going in either bullish or bearish direction.
Furthermore, this video explains some ideas on how and where to place stop losses based upon entry confirmations and provides insights about position managing your trades as they develop into a winner.
I hope you find this video informative and hope you use this video to your best advantage with your day-to-day trading activities.
Thanks for watching. Always remember to trade safe - trade well.
Regards,
Michael Harding
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.