Posts Tagged euro trendchannel

EURUSD breaks through the Trend Channel and our stop is hit

EURUSD breaks through the Trend Channel and our stop is hit

Unfortunately, EURUSD broke through the lower bullish trend channel line and our stop was hit. I've been thinking a lot about holding trades longer as I've known that this is one of my weaknesses in trading and with this trade, I did hold the trade and didn't meddle with it.. however, the price action didn't go where I was hoping it would and the trade ended up in a loss. It's extremely frustrating when this happens, my old method would have meant that I would have taken profits at 135

February 17, 2013 No Comments Full Story