


ForexFien
1% Industry. Are you apart of the 1% of profitable traders?
Remember More often than not your set-ups wont hit your TP so you need other exit strategies, involving the movement of your SL and just your discretion as an experienced trader so that you can still profit.
Taken out at BE - RE-ENTERED. Use Risk Management.
AUDUSD running in profit. Once it reached 0.67800 SL will be moved to 1%.
I am going to start being more particular with my trades. Only posting trades that i take, not all of them though.
The reality of trading is that you're not going to win all the time. Infact most times it'll feel like you're losing because the losses cut deep. But if you're a good mathematician you'll understand that even if the number of your losses and wins are same you can still be PROFITABLE.
For those wondering I use the Fibo to strategically move my SL to protect my account. My SL's for each position never exceed 3%. Once a trade travels 35% of the distance to the TP i move my SL to BE. Henceforth making it RISK FREE :) .
USDCAD SHORT - Most retail traders would have entered earlier but they forgot the retest. Some would have been taken out and some would be in alot of drawdown. But PATIENCE IS KEY!
Took me out for -1.67% I still stand on my analysis. Short again. It is important to risk manage so even if my trades end up in losses, i cant still trade another day! IVE LEARNT THAT THE HARD WAY TRUST ME :).
Here we go. Lovely setup hear. Risk manage correctly. HIGH RISK TRADING IS A NO.