GBP USD is still above the EMA 200, After EMA 200 breakout I'll be waiting for the opportunity of going short. My second confirmation will be MACD.
For being a succesful trader:
1. Money Management (max risk per trade 1-2%)
2. Money Management (max risk per trade 1-2%)
3. Money Management (max risk per trade 1-2%)
4. Any strategy or indicator will work fine with 50% accuracy but the key is 1:3 risk reward ratio atleast.
Happy Trading!
For being a succesful trader:
1. Money Management (max risk per trade 1-2%)
2. Money Management (max risk per trade 1-2%)
3. Money Management (max risk per trade 1-2%)
4. Any strategy or indicator will work fine with 50% accuracy but the key is 1:3 risk reward ratio atleast.
Happy Trading!