Forex: EUR/JPY Technical Analysis – Buyers Remain in Control

If you can not discover an offer you feel comfy making on the currency market, unwind. Deciding not to trade is a trading decision in itself, and oftentimes a really smart one. If the state of the marketplace does not match your present expectations, it is much better to bide your time than to make high-risk trades you are not comfy with.

Forex: EUR/JPY Technical Analysis – Buyers Remain in Control…Forex: EUR/JPY Technical Analysis – Buyers Remain in Control

Do what you can to automate your trades. Currency trading can become extremely addicting and hazardous if you are trading with feelings. Setting up automated systems for trades can take the danger of a psychological trade away. If your trading system tells you to take the cash and run, then do so. Follow your systems not your feelings.

More to learn on technical analysis in forex

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