See daily chart of EURAUD below for the discussion that follows.
EURAUD is currently sitting on support. I will be looking to go long here if I get confirmation in the form of candlesticks.
I did go long GBPNZD (post from last week) and got stopped out pretty much immediately. Losses happen, don’t dwell on them; that is as long as you follow your rules.
Remember to always have your own trading plan and never follow other people blindly. Know when and where you will be proven wrong on any trade and have stops in place. Respect those stops and never bet the farm.
On Ideas: Don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Thanks and Regards,
Trading SOS SOS