Forex Day Trading system : Hitting of stop loss on my last tradeToday the EUR/USD market unexpectedly turned. Euro became stronger and the currency pair jumped about 100 pips in a span of 2 hours..As expected, it would have taken out the stops of all the forex traders that were short.That included me as well. My trade was short and was up 67 pips. My stop loss as 40 pips away. Since my stop loss
Monday, 26 March 2007
Forex Day Trading system : Hitting of stop loss on my last trade
Labels: 5 EMA forex trading system, Adam Burgoyne, avi frister, EUR/USD, forex pips, forex technical indicators, forex trading machine, stop loss, Technical AnalysisForex Journey - The Website
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Sunday, 25 March 2007
Forex Day Trading System : Another opportunity to trade EUR/USD
Labels: EMA, EUR/USD, Forex day trading system, forex pips, mechanical forex trading, stop, stop loss, support and resistance, swing tradingForex Day Trading System : Another opportunity to trade EUR/USDI mentioned that my previous trade on this currency pair had me a profit of 53 pips..That was when I went long..After my trailing stop loss was hit, when I looked at the currency pair again on a daily chart, I found that the currency pair has hit a massive resistance..A kind of double top and the currency pair has started retracing..
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