USDZAR formed a bearish engulfing pattern with reversal implications. I´m entering short at market with SL above 12.81 on a daily close.
6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade