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Forex Lesson # 6 & $85.00 Profit today
I just closed out my position on the EUR/USD @ 1.5585. I placed the buy trade on Wednesday before I went to work and made my stop at 100 pips below. That day, it went south but only to touch 1.5421. I got lucky. Last night around 4:00 am, it went above 1.5500 but I went back to sleep thinking that it would make a run and it went south. I felt the trade would reverse upwards from the daily charts. When I got to work, it had moved about 1.5500. I wanted to close out the position around 1.5550 but the link to the online version of my account wouldn’t allow me to log on. I had just checked and it was @ 1.5580. My Forex account allows me to … Read entire article »
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