A zone is a zone until it has been cut through
Always have a plan and stick to it:
- A zone is a zone until it has been nullified
- Don't chase trades, you only end up increasing your risk
Here on
EURAUD I managed to bag a bunch of pips on playing zones, but initially lost out because I moved my stop too early on my second lot (corrected this on later trades to allow my trades to run to targets), and didn't re-enter because initially the zone had been used (once again corrected this on later trades to allow me to profit from it)
- A zone is a zone until it has been nullified
- Don't chase trades, you only end up increasing your risk
Here on
EURAUD I managed to bag a bunch of pips on playing zones, but initially lost out because I moved my stop too early on my second lot (corrected this on later trades to allow my trades to run to targets), and didn't re-enter because initially the zone had been used (once again corrected this on later trades to allow me to profit from it)
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