It looks as if the bears are here to stay for a while. Let's sell @ 1.4726 with a large SL @1.4885 to avoid possible retracement. No TP for now, let's try and ride this as down if we can.
This is trade #11.
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Auto Refreshed Live Commentary by A. Laidi, Chief Market Strategist, CMC Markets
Dukascopy, Swiss ECN forex broker offers marketplace and highest liquidity for electronic forex trading
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The Consumer Sentiment Index can be a valuable tool for intraday currency trading.
The Index shows the long and short ratio. The percentage number of the ratio is simply the amount of longs or shorts in the overall amount of opened positions transacted. The Consumer Sentiment Index gauges effective speculative interest in currency pairs and currencies, and therefore can be used as a CONTRARIAN INDICATOR. The index is updated every 30 minutes
To use Margin Calculator, select your account currency, select your account leverage, type in the size of the trade, and Click Calculate to see the results
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Dukascopy, Swiss ECN forex broker offers marketplace and highest liquidity for electronic forex trading
Blog Archive
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2009
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October
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- LET'S CLOSE IT @ 1.4716 FOR +10
- SELL EURUSD @1.4726
- SL hit @ 1.4719 for - 52 pips
- BUY EURUSD @ 1.4771
- MANUALLY CLOSED AT 1.4782
- SELL EURUSD @ 1.4797
- Manually closed @ 1.4817 for 20 pips profit
- BUY EURUSD @ 1.4797
- TP HIT FOR 62 PIPS PROFIT
- BUY EURUSD @ 1.4858
- SL Hit at 1.4970 for -32
- BUY EURUSD @ 1.5002
- Manually closed at 1.5025 + 10
- SELL EURUSD @ 1.5035
- PRICE CHANNEL IS STILL INTACT
- POSITION MANUALLY CLOSED @ 1.5010 FOR 9 PIP PROFIT
- BUY EURUSD @ 1.5001 - TP @ 1.5021 - SL @ 1.4947
- POSITION MANUALLY CLOSED @ 1.5018 PROFIT +14
- SELL EURUSD @ 1.5032 - TP @ 1.5012 - SL @ 1.5073
- TP HIT, CLOSED AT 1.5035
- BUY EURUSD @ 1.5014 - TP @ 1.5035 - SL @ 1.4950
- CLOSED TRADE AT TP FOR +20 PIPS
- Sell EURUSD @ 1.5016 - TP @ 1.4995 - SL @ 1.5055
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October
(23)
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