Hello KWANANN, thank you for the advise I will remember for ever, since made a mess of my self that crazy day, I take it as I was in the classroom to learn/practice.kwanann » Thu Apr 16, 2015 8:37 pm wrote:Well..go4pips » Thu Apr 16, 2015 12:23 am wrote:Hello, today I am watching the price how to react to the news which happened almost every 30 - 50 min. all hours and more to come, no way I can enter in any trade, I guess the more experience traders they make a killing day like this, I will wait and try to trade the quiet retrace.
Is that something others do as well or I am the chicken: here.
E.
0. Understand that you CAN be wrong and eat the red pill once in a while
1. Always ensure you have the equity to sit out any storm, the higher the TF and lots the more equity you need to have
2. Understand that its all pre-orchestrated
3. Wait for the news, see the chart patterns and then take the trades in the right direction
4. Rinse and repeat 1 to 3
E.