Intraday Forex Trading | Exciting Day of News – Sharp Plunge in the EUR/USD and GBP/USD

New: Join our 2.5 hours live workshop with Spencer to learn the basics of trading and make your first live trade!

Screen Shot 2012 12 07 At 4.21.37 AM

Screen Shot 2012 12 07 At 4.25.15 AM

The USD/CHF range play I suggested yesterday has hit the TP, and that range is over 45 ticks wide. Note what happened after I posted the short signal in the forum, as indicated by the red circle.
Screen Shot 2012 12 07 At 4.20.07 AM

I was short EUR/USD and GBP/USD since yesterday, as mentioned in my previous post. As there was a slew of economic data and talks today, these currencies were more volatile than usual.

Unfortunately, because of the long wait during the day, I took out my profits too early when the actual move started, and it was a pity because I could easily have made a few thousand dollars more if I have the patience to wait a little longer.

I will continue to refine my setups and improve on my trading psychology. Even though I have been trading for many years, there is always still room for improvement.



Banner 01 Trading Foundation Workshop New to Trading? Make your first live trade today in this workshop! Meet Spencer live for 2.5 hours of hands-on training! No prior experience required! Learn all the basics of trading, and step-by-step guidance to make your first trade!

Daily Trading Signals Banner Updated If you're looking for the best trading opportunities every day across various markets, and don't want to spend hours doing the research yourself, check out our private Telegram channel!
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *