Currently set to No Index

-440 Points Reached in EUR/NZD Buy Signal

EUR/NZD reaches our Stop loss before reaching our Targets due to  the effect of “German ZEW Economic Sentiment (Sep).”

Lesson for the Traders : Sometimes, the traders says that “Market hits my Stop Loss and went into Profit direction more”.

This happens due to the following reasons :

1) Taking high lot and placing SL closer.

2) Dealing desk brokers will hunt your stop loss by widening the spread and having slippages.

3) Placing Stop Loss at exact levels (Placing Stop loss at exact level sometimes have chance to hit and then reverse up in a profit direction more).

Today, we have placed Stop Loss at Exact level, that’s the reason market hits our SL and then fly up more in a profit direction.

NOTE :  If you place high lot and don’t follow money management, you will never get successful on this forex business.

Those who avoid the small losses will avoid the big profits too. Those who avoid failures will avoid the Success too.

We want all the traders to follow the rules on this business to do it successfully. If you don’t know the rules for playing Football, you can’t become a Successful Football player, Similar to that, if you don’t follow the rules of Forex Business, you can’t become a Successful Trader. Stick with the rules and instructions given here : forexgdp.com/follow

Don’t trade all the time, trade only at Best Setup. Join Free now. Let result speaks on your trading account. Start to receive the forex signals now: forexgdp.com/forex-signals/

FOREX GDP

Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

Don't trade all time, Trade Forex only at Confirmed Setup

X