Posts Tagged resistance

EURCAD – closed the long but it could head higher

I've closed my EURCAD long as it hit resistance of 145000... I wasn't sure what would happen from here. I got around 50 pips which is a nice profit nonetheless. The market could easily go higher now and reach my intended 100 pip target... I am not sure why my broker had put the price to above 100 pips when the market was closed. Nevermind though.. One of my biggest trading nuances is that I can't seem to hold onto winning trades.. I hope this will improve in 2008!! 

January 2, 2008 No Comments Full Story

 

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