I decided to take EU and GU trades yesterday since market open. I had to leave after an hour of my entries so I set my stoploss and trailing stops on each of these trades.
Set 20pips trailing stop on GU which then results +30pips profit;
however the trade went bad in my EU trade I set stoploss for 40pips and price made a short time channel making a resistance for it to go further north.
EU ate my stoploss so I had -40pips sums up to -10 for yesterday's trades.
Patience and let us fish a big one by the next opportunity :)
Wednesday, July 23, 2008
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