β Do not risk more than 1 % of your account on each trade
π Good Luck !
Description: The price failed to break the daily resistance (1.2088), and it posted a double top which indicates a potential reversal. The price is trading around the neckline of this pattern, so we expect a move downward towards the target profit.
Great Advice on account risk. I personally risk no more then 2.5% of my account size. Taking a loss like you just took hurts less when your risk is small! Take a look at my two session EURUSD strategy
Thanks for sharing