Tuesday, March 9, 2010

EUR/JPY and Euro trade.




Here is 2 trade im currently in. Lets me explain a little bit about the euro trade . As we can see we have a nice little down blue pitchfork the first time it test it (the red letter ) i couldnt take that trade because i was out with my girlfriend shopping at the mall but tonite before the asian section i got in the trade with a small stop 20 pips but the target is good (2 or 3:1).

Ok now Ej it a typical set up that i usually use, it like this the trend line got broken most of the time price usually come back and test it once more time be4 it continuous it the way its going (i called it switchback). So i have to trade to manage right now. i will keep update these trade.

Happy trading .

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