Visit Site All the indicators are aligned showing you that an upward movement is coming and best of all, you have a trend line break which is the typical entry according to most traders.
Somehow, the market suddenly reverses and all you can do is sit and watch how the price slowly moves toward your stop loss.
To make things worse, the price moves back up in the direction you have entered your trade earlier on and you start to ask why don’t you set your stop loss further away.
All the indicators may be showing you that an upward movement is coming and you have a trend line break BUT
The above is one frustrating problem that most traders face when they are trading. Without exception, I used to have the same problem when I first started trading a few years back.
When I see a trend line break, I will… Read more…
Tags: stop loss , forex trend line , Business Finance