Thursday, November 1, 2007
Typical TL break on a downtrend
Shorted this on the TL break, resuming the downtrend. Entry at 20, conservative exit at 04, should let half lot run. Euro was a sell-off today, not obvious (for me) at this moment. I was waiting for a reverse at 166.
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1 comment:
It can be so much benefit to spot the right trend, but at the same time a lot of risk is present if we are able to spot it correctly which I am able to do so thanks to OctaFX broker, as they got mouth-watering cTrader platform, it’s especially built for ECN trading and allows me to work smooth, but more importantly helps in analyzing better and that is the reason why I am fairly successful at the moment in Forex trading world!
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