EURCHF – pips galore
Last night I put on a short at 1.4983.. it was a lovely trade and one which I just closed at 1.4877 for +106 pips.
Last night I put on a short at 1.4983.. it was a lovely trade and one which I just closed at 1.4877 for +106 pips.
I spotted an excellent long entry and went for it, got in at 175.61 and closed it out at 177.23 for 162 points! Hoorah, that's a nice gain. I could have held it longer.. it's gone up another 20 points since but I can't prise myself off this computer when the charts are moving. I think the market has further to go.. there was a huge reversal on the US and UK markets today after all the help with the Financials from various governments.
Well, the US market is closed today and I'm still on the live account.. phew! As there's not much trading, I thought I'd spend some time doing research. As you know, I also look at Forex and I found a forum with a whole heap of free trading systems: http://forexfactory.com/forumdisplay.php?f=71 In addition, a lot of people use the Metatrader platform which is great in that you can add what are called Expert Advisors which are essentially automated trading systems.. they open and clos