I am a fan of large timeframes, so I like to look at large timeframes so that the idea of trending for a particular pair becomes clear to me. The Australian dollar against the New Zealand dollar may complete the test of the downtrend that it broke nearly eight months ago. Now it is very close to testing this trend, and it may reverse the trend as soon as possible, and if the trend changes for this pair, there is an opportunity to profit from it more than 1000 points at the very least, with further goals. But who among us will be patient with a deal of two, three or four months at the very least?
The four golden rules of trading 1 Don't be greedy 2 Always use stop loss 3 Never add other positions to the losing positions 4 Use a suitable lot for your account
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