Posts Tagged trading eurusd
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
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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
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This is most annoying when it happens but unfortunately it does happen.. it is part of trading. I lost twice trading the EURUSD or Euro today. The trend looked like it was up and my instinct told me that prices would want to test the previous high of today so I'm looking for long positions.
However, my analysis was wrong today and both trades as you can see were stopped out. I lost 17 and 15 pips or 32 pips today.
April 2, 2012
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