Follow this short video for a good trading strategy based on Candlestick formation. It’s good to know a little about Candlestick chart patterns so you can identify this move too!
Happy Trading!
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one of the smartest places to pyrmaid into a position in forex is to make sure you leave yourself enough room on the first “add” on. That means you can bring your stop up to break even and let the trade run, I try to only add 2 times, and then I will let it run to my target or lock in when i see good profit. A nice place to add may be a break of significant area of chart or on the next major price action signal in the run / leg or move thats occuring, make sense?