A long trade based on a significant daily pullback and upcoming news involves several key steps to manage risk effectively:
-Identify Setup
-Confirmation Indicators
-Upcoming News status
-Entry Point and Stop Loss
-Position Size and Risk Management
A long trade based on a significant daily pullback and upcoming news involves several key steps to manage risk effectively:
-Identify Setup
-Confirmation Indicators
-Upcoming News status
-Entry Point and Stop Loss
-Position Size and Risk Management