Posts Tagged shorted euro

90 pips on the EURUSD trade from last night

90 pips on the EURUSD trade from last night

I got my 90 pips from the trade last night. As you know from my previous post, I had entered the market at 1.2370 with a stop at 1.2460 and looking at a 1:1 risk to reward trade which meant a limit order at 1.2280.. ie a 90 pip stop with a 90 pip target. The two spinning tops were the key here showing that there was selling at the levels, that coupled with the downtrend movement made me feel it was a good short play and I got rewarded. So, a decent start to my trading again after all t

August 9, 2012 No Comments Full Story