Related Posts:
http://blog.vikasverma.com/2010/02/trade-update-euro-is-in-superstar-once.html
http://blog.vikasverma.com/2010/01/trade-update-eurusd-short.html
http://blog.vikasverma.com/2010/01/trade-update-eurusd-pattern-looks.html
Euro traded almost near to my first target 1.4040 but was stopped at 1.4026 being the highest. The habit of closing all the trades on close of London Session kept me in profit.
I would suggest this advice to everyone, I trade mostly in London Session as being the most active session. Try an ensure that you close your position on the close of London session or atleast leave a Trailing Stop Loss of 10% of your overall profit.
I was able to manage only 105pips from this three day move and got out at my SL level 1.3850. Though I still have my believe that this is going to be a start of new rally in Euro but “rules are rules”
I will update once I get back into Euro…
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