Tonight I will get my vps right so I wont complain about loadshedding again
Put your stop loss below the price to breakeven …. Now its a risk free trade you have got nothing to lose
GBPCAD, GBPJPY AND GBPNZD HAS A SELL BUT I DONT WANT US TO BITE MORE THAN WE CAN CHEW.
All those 3 pairs are selling, if you are on demo you can take, if your account allows you take, but if your account is small let us focus on growing with 1 pair
UsdJPY adjust stop loss to 134.801
I have already doubled my small account🔥🔥🔥🔥🔥🔥🔥
I have already doubled my small account🔥🔥🔥🔥🔥🔥🔥
Gbpusd might be a bad Idea nevertheless the stop loss is very minimal a good risk
Do not take nasdaq if your account is small and do not take nasdaq if you are inexperienced unless you using a micro account
Reason why I said GBPUSD was a bad idea its because of the correlation it has with the dollar Yen.
GBPUSD is a perfect negative correlated pair of USDJPY meaning when USDJPY goes up, GBPUSD 90% of the times will go down.
Hence I said I don’t like taking many pairs unless its perfect correlated pairs.
Perfect correlated pairs are traded by people who are using the hedge strategy .
If you are making a 500 dollar profit with usdjpy, then GBPUSD will be running 500 dollars in a loss making your equit almost zero.
Rather we take multiple trades on a single signal than multiple signals unless its positive correlated pairs like EURUSD AND GBPUSD they often go the same way 99% of the times or EURUSD and AUDUSD.
This is one of the most valuable forex education you need .
Thanks and happy safe trade with USDJPY
GBPUSD is a perfect negative correlated pair of USDJPY meaning when USDJPY goes up, GBPUSD 90% of the times will go down.
Hence I said I don’t like taking many pairs unless its perfect correlated pairs.
Perfect correlated pairs are traded by people who are using the hedge strategy .
If you are making a 500 dollar profit with usdjpy, then GBPUSD will be running 500 dollars in a loss making your equit almost zero.
Rather we take multiple trades on a single signal than multiple signals unless its positive correlated pairs like EURUSD AND GBPUSD they often go the same way 99% of the times or EURUSD and AUDUSD.
This is one of the most valuable forex education you need .
Thanks and happy safe trade with USDJPY
GBPNZD went down +30 pips 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
I will still look for ways to give a signal on GBPNZD have not gotten a perfect area to enter more trades
I will still look for ways to give a signal on GBPNZD have not gotten a perfect area to enter more trades