Forex: Eurchf pair pin bar
Nice pin bar formed, however do we enter immediately?
No, wait til the bar close and the next bar opens before entering. Alot of you guys will most likely enter into this trade immediately due to fear of not getting into the action, GREED. -> All these are emotions.
As we will never know when news arrives and we see a price spike, changing away the pin bar. Patience.
In our pro group, we understand where to place our sell order limit and stop loss limit. Therefore guys, If you are not profiting in Forex – It has a whole lot to do with Trading Psychology.
When trading is fun, and when you feel your heart is pounding while you are trading. Most likely you are losing money and a Hell lots of Emotions are in your trading.