NZD CAD SHORT look @ high time frames for winning Trades
I cannot emphasize enough to our traders in our group the Importance of looking on a higher time frame
We Always
Look @ the weekly chart, where is it i respect to your EMAs and RSIs
Look @ the daily chart what is it doing today
Plot on the 4 hourly chart for entry
There is not enough Information in a 1 hour candle for you to decide whether to enter or not
there is 24 of those candles in a daily candle
anything under a 4 hour candle will buck you off and why sooo many traders fail .
You need to stand back a look at the BIGGER picture
If it means putting a larger stop well so be it as long as your ROI as where you want to be
We Always
Look @ the weekly chart, where is it i respect to your EMAs and RSIs
Look @ the daily chart what is it doing today
Plot on the 4 hourly chart for entry
There is not enough Information in a 1 hour candle for you to decide whether to enter or not
there is 24 of those candles in a daily candle
anything under a 4 hour candle will buck you off and why sooo many traders fail .
You need to stand back a look at the BIGGER picture
If it means putting a larger stop well so be it as long as your ROI as where you want to be
