Wednesday, May 18, 2011

Attempting a break out

I came late to this, while price was trying to break 1.4270. Only two trades, as a range below the roof was profiling.

2 comments:

Josh said...

It’s a huge opportunity when this happens as break out are great because if we place it correctly we can make huge pips while even the risk is lowered as we can place SL just above the breakout level. I am very lucky to have quality broker like OctaFX, they have excellent service where all my trading orders are executed instantly while they never manipulate in anyway so I can use SL without fear of been hit with spikes or desk dealing.

Unknown said...

fundamental-analysis is essential to your trading success as it helps you to assess how economic and political indicators affect the market.