Some of the FOREX old-timers had said that if you need to think hard when you want to enter a trade, then it's probably nt worth it. The good ones are those that really stand out, screaming "trade me!"
Well, I hemmed and hawed on this GBP.CAD pair. Heck, I even went as far as actually placing a Sell order, before yanking the pending order off.
Although I like the shape of the pinbar and its location, I was a bit concerned about the potential roadblock at 1.9000. I felt that I'm risking too much just to eke out a few pips.
Besides, this pair has been trending upwards so strongly that I really don't want to stand in front of a speeding freight train!
Next train, please!
Posts
No comments:
Post a Comment