Disliked(bonehead trade, I thought I put a stop loss, turns out I didn't)
I opened a buy position EUR/USD at 1.3122 a few days ago. I'm now -$847 ($50,000 position), is it possible that the EUR/USD will touch on this 1.31 area next week due to Spain's ridiculous unemployment figures and the plethora of German headlines next week?
I'm so flustered and frustrated with myself. Any advice at all would be most appreciated! ThanksIgnored
Obviously the market doesn't *have* to do anything, but a bounce into the 1.3040 area seems normal based on statistics... it might even pop into 3070... but you'd have to seriously consider a cut-off point for yourself just in case price goes down again... I wish you good luck.