Was Long on EUR/USD Daily TF from Friday @ 1.4142. I moved my SL to the bottom of yesterdays low @ 1.4127 reducing my initial risk by 86.84%. Since price had impacted past support now acting resistance @ 1.4176, as well as Market Sentiment being Bearish – I had not just moved my Stop to yesterdays low but I entered a stop reverse. Now I am currently Short EUR/USD @ 1.4126 – Looking for price to take out the low @ 1.4028. I have taken a small portion out of my order out of the market @ 1.4085 to cover the 15 pip loss I took on the Long.
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- Jan 26, 2010 2:16am Jan 26, 2010 2:16am
- Joined Mar 2008 | Status: Name real with real own way | 20,489 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
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StopLoss is for none belivers... Trust the Gurus..
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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- Joined Mar 2008 | Status: Name real with real own way | 20,489 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
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- Joined Mar 2008 | Status: Name real with real own way | 20,489 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
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- Joined Apr 2009 | Status: Live and learn. | 21,809 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
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- Jan 26, 2010 3:26am Jan 26, 2010 3:26am
- Joined Mar 2008 | Status: Name real with real own way | 20,489 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++