Posts Tagged trading risk

Expect the Unexpected when Trading the Financial Markets

Expect the Unexpected when Trading the Financial Markets

A couple of days ago, I had shorted the EURUSD forex pair at the point marked above. The price action looked as though it was just retracing before a further fall. I was thinking that a move below 13000 would trigger a flurry and sell trades and the market will drop a few hundred points. I was a little wary as the downward momentum after I had gone short wasn't really there so I had been moving my stop down as the price action moved down. Today, the market open a little lower but momentum

January 10, 2013 No Comments Full Story