Some Pairs are a bit more suited for range trading. In my opinion, EURUSD could be one of such. I think the idea is to use a small enough lot size on a large enough account. Positions should be opened in Layers. Buy at the bottom, sell at the top, repeat again and again until the range is broken.
I think if you're on the wrong side of the trade during a breakout, a respectful thing to do would be to cut your loss and exit the trade.
#SpeculativeSetup
#NFA
#RiskManagement
I think if you're on the wrong side of the trade during a breakout, a respectful thing to do would be to cut your loss and exit the trade.
#SpeculativeSetup
#NFA
#RiskManagement
