Wednesday, August 22, 2012

EURUSD trade

As of today, this is an example that it is possible to win more than 155 points. Depending on your equity, you can have your multiplier (or LOTS) by ones, times 3, by 10s or by 30s.

From the last post price was on 1.2378. This trade, entry price was on 1.2304 and is now on 1.2474. red vertical line indicated on the chart was the last candle from the last post

Now, reminding of exits are much more important as decisions should be made for:to keep your profits while winning,stay on the trade for more profits, if you are on the losing side, to stay on the trade to gain profit or exit out, or early exit for you not to lose more. Again, timing and momentum.

For micro view, see M30 below

Life is short! Break the rules! Forgive quickly! Kiss slowly! Love truly, Laugh uncontrollably. And never regret anything that made you smile.

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RISK WARNING: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results.
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