Friday 17 December 2010

So hear is my first trade call for this post

I am long EURUSD at 1.3264 with a stop loss at 1.3235 17th Dec 2010.

so I have a limit order at 1.3333 and I'll call in on it later.

Stopped out, such is the game of trading.  At 1% risk per deal we lose 1% but I did gain 7% on the eurusd with a trade placed at 3am and closed out this morning, so 6% up for the day.
Posted by Pip Meister at 13:30

4 comments:

  1. Pip Meister17 December 2010 at 13:36

    She is sitting on the 61.8% fib retrace so she is supported and over sold though we do have the weekly pivot just above at 3270 and the 50% fib level there also but the 61.8 level for is stronger so am happy to hold and EURGBP and EURJPY are also supported at either it's DP level or again 61.8% fib level onn the 30min timeframe.

    ReplyDelete
  2. Pip Meister17 December 2010 at 13:42

    Note:
    Cable is currently testing it's 7 week trendline

    ReplyDelete
  3. Pip Meister17 December 2010 at 13:45

    Does anyone have any questions?

    ReplyDelete
  4. Pip Meister17 December 2010 at 14:09

    EURJPY has broken and closed above it's DP but has now also retraced back through and is currently supported by it's 60min 20EMA

    ReplyDelete

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