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Wednesday, December 16, 2009

SELL EURUSD @ 1.4533

SL 1.4633
No TP yet.
This is trade #55.

2 comments:

  1. Great trade! Someone knocked the floor out from under the Euro tonight.

    I'm interested in the methology that you use.

    Have been following you for awhile, just not sure if I can handle the large SL you place.

    Good Job Keep it Up

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  2. Thanks. I try to use both technical and fundamental analysis. But I change how I trade depending on whether I think it is trending or ranging. It's been trending down, so the last few trades I have only sold not bought. As far as the stop, it denpends on where I think support or resistance is. I don't like to have the same amount of stop all the time. Good luck.

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