advert

Update on EUR/CAD trade

Posted on 02. Jul, 2009 by in Uncategorized

I 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 the trend line I draw, but not very significant so I stayed in. Currently it is looking good and we are breaking some short term support lines. I will let it run some more but I think I will close sometime today, as we have several important news coming out today; NFP among others. However I will move my stop loss to +50 pips now just to be sure. I will let you know when I am taking the next move. To be continued.

Update: Trade went against me and was stoped out at a profit of 50 pips.

Related posts:

  1. EUR/GBP Trade – Update
  2. Trade update: LMT Forex Formula
  3. Update on yesterday’s trade and new entry
  4. FxBossTrading – 3. update
  5. Trade update and more trades

Tags:

Are you ready to become a profitable Forex Trader? First of all, you need to be certain Key Elements to be in place, such as your Psychological Mindset, a good Broker and Trading Platform, Capital, etc.

Here you can read more about how to get started in Forex Trading.

Once you have gone through the Essential Elements, it's time to spice up your trading. You can read my reviews about other services and obviously don't forget to sign up for my Free Signals.

Also, don't forget to read about these cool tools which can take your trading to the next level... More Tools and Resources

No comments.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>