Weekly trading plans: EUR/USD, SP500 [Video]
|Waiting for a too-late validation can make your stop loss huge in terms of point, creating a disadvantage to reach a risk-free trade faster. Confirmation should be quick and is mandatory. Trading without a signal from big institutions trading on your side is a big mistake too. Elliott Wave is good to visualize on the chart the best cycles to jump into a new trade.
This week we cover two examples to make this point clear and help you improve the entries.
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