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The #1 Reason I Was Wrong About AUDJPY Or CHFJPY...AGAIN!!
Swiss Franc / Japanese Yen
Long
The #1 Reason I Was Wrong About AUDJPY Or CHFJPY...AGAIN!!
By lubosi
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Oct 9
1
Oct 9
I was wrong about the
AUDJPY
again..because
I was trying to find the right
forex trading system
to not only make money but also
manage my personal stress
-
Listen as of now am using a FREE account
on Tradingview
So most of these trades will
be long-term
trading options.
Until I am able to get a
paid subscription
on trading view.
-
Long-term term trades are
very good for
beginners
because it slows down
the fast pace trading
-
And allows you to learn
more if you
are using proper risk
management
-
This forex trade
CHFJPY
sadly
is a 7-month move
at best 3 months.
-
Maybe later on when I upgrade to
trading view essential I might be
able to really develop
a trading system for day trades.
-
Honestly, day trading does have a cost to it
There is no way around it
you have to pay to play in
day trading.
-
Including mid-term trades such
as 3-month holds
or 1 month holds.
This buy signal is a 7-month hold.
This means you have to calculate your risk
management strategy well.
These past few days I have been battling
With my trading systems because
I really wanted to design a
day trading system
But all I can manage right now
are long-term trades.
My hope is that you will continue
to follow and learn from these
long term trades
Now will this reduce my
popularity sadly yes.
But with my long term
trading signals, I think
I will be able to attract the
right type of people
Who have an investing mindset
also its safer to trade
long-term {7 months]
than short-term gains.[ 7 Days]
So don't feel discouraged if you
are looking for short-term gains.
If that's you then this
recommendation
and my other recommendations
will never suit you
because all my trades
will be now
focussed on me finding the best
Long-term trades.
Using the rocket booster strategy
which has the following 3 steps:
#1-The price should be above the 50 EMA
#2-The price should be above the 200 EMA
#3-The price should be in an uptrend
This is a strategy of trading
and I hope it will
serve you well.
Remember if you
want to
learn more
rocket boost this content
Disclaimer: Trading is risky you
will lose money whether you like it or not
please learn risk management
and profit-taking strategies.
:
CHFJPY
Moving Averages
Supply and Demand
USDJPY
lubosi
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Disclaimer
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