2015-10-05_20-17-51euraud

My preferred time of trading for forex is the uk and nj session.

I also like to have the odds in my favour and have a relative small stop loss and if taken out reenter my trade but never have a huge loss.

On this chart you may see all the moving averages alligned where the purple 200 MA sets the tone for bearish trends.

It is best to wait for bullish retracements and then enter a short trade with a better price.

Best of Pips

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