Evening trades
Posted on 30. Jun, 2009 by admin in Uncategorized
Earlier today I wrote about two possible setups. They have both reached a level where I feel good about entering. Here goes:
First trade: Short EUR/CAD at 1.6296 with a stop loss of 50 pips and take profit is open.
Second trade: Long GBP/JPY at 159.255 with a stop loss with of 50 pips and take profit is open.
I am going to bed now. Hope everything plays out well. I have both trades running with 1% of my balance. I am going to bed now, and I will have a look, first thing in the morning. If you take these trades, you should keep a tight stop loss and risk no more than 0.5 to 1% of your balance on each trade. There is no guarantee.
Related posts:





.jpg)
















































Trackbacks/Pingbacks
[...] decided to not close the EUR/CAD trade, and if you have followed my advice you should still be well above 100 pips in profit at the moment. It did have a little break above [...]