InvstingWise

USDNOK tricky short

Short
FX:USDNOK   U.S. Dollar/Norwegian Krone
Watch out shorting this pair. A false trendline breakout is highly possible despite the fact that huge divergence is in play. Sell the breakout of 1-hour timeframe.

1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work.
4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.

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