Stoxx 50 : Possible end of a correction cycle
We might assist to the end of a correction cycle , started May-June last year.
cycle also coincides with a 50% Fibo retracement from last impulse . This month low should be an inflection point. I´m entering long at current level
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6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade