Will EURCAD break down? The importance of patience

The EURCAD is a prime example for how hard trading can be or for how hard traders make their own lifes'.

I have been stalking this pair for a long time and there has never been a real signal to short. The uptrend-structure is beautiful above the 20 SMA.
I have received many emails and messages where people shorted way too early without confirmation just because they didn't want to miss the sell-off when it comes.

This is typical for the amateur trader. Being too early and FOMO is such a big problem that overcoming it will often make the difference between a winning and losing trader.

Learn to sit on your hands, wait for the confirmation signal and enter much later than you'd originally planned.

Here is a recent article about how I do it: tradeciety.com/the-power-of-filters-and-transition-points-forex-trading-like-a-pro/