After the Rate statement over night, the market is changing at a fast rate too, here in the GBPUSD we´ve got a Cypher formation to go long at our PRZ 1,45362.
We had a trade over night on the AUDNZD which turned around fine at the PRZ and freefell completly so our limit order did not get triggered before 35 pips at a better rate. This time we were "lucky", so remember to protect your capital at all times, if your risk suddenly double - you really need to keep your money management game up to date for every trade.
Good luck - Kind Regards
Thomas Jeff
We had a trade over night on the AUDNZD which turned around fine at the PRZ and freefell completly so our limit order did not get triggered before 35 pips at a better rate. This time we were "lucky", so remember to protect your capital at all times, if your risk suddenly double - you really need to keep your money management game up to date for every trade.
Good luck - Kind Regards
Thomas Jeff