EU Trade
Hi Sweet Pip, thanks for the calendar info but WE do not use nor look at when a news release comes out because most of the traders are already in a trade well before the actual news comes out. thanks for the link though.
Hi Airborne, yes I am still being trained by a professional traider, I am currently in a forex mentoring school. Currently developing my strategies with the help and support of students and teachers. Yes, when i mean price action I do mean we get our bias from the charts, and only charts. There are many things we learn which tell us this and that but we are mostly tought high probability setups and trades to minimize losses and increase profits.
Ok, well thats enough of the school for now, here is the trade from today on the EU which I waited all night to take, finaly when the sell trigger came, it did not fit in to my rules so I did NOT take this trade - here are the details if the trigger where to workout:
Sell @ 1.5234
Stop @ 1.5248 (This is a 17 pip stop loss with spread included)
Profit Target maybe around 1:2 with easy profit.
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