Forex Trading Signals

  • EUR/CAD - Buy @ 1.58 zone
  • EUR/JPY - Sell @ 130 level - Buy @ 120 or lower
  • AUD/USD - Buy @ 63 Zone - Sell @ 70 Zone
  • USD/CAD Buy @ 1.20 Zone - Sell @ 1.30 Zone
  • EUR/CHF - Buy At 1.46 to 1.48 zone
  • USD/CHF Sell @ 1.18 to 1.20 zone
  • GBP/USD - Sell @ 1.50 zone - Buy @ 1.34 zone
  • GBP/JPY - Sell @ 140 zone
  • EUR/USD - Buy @ 1.24-1.26 zone

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Sunday, December 14, 2008

EUR/CAD: Short Entry Stopped out for 100pips profit


The short I entered earlier last week was a good one until it bounced back to take out my stop and move beyond my predicted price levels. Again see how I'm not a perfect trader and how I use stops to either limit loss or lock in profits. This was not a losing trade since price did dip below my entry line which was nice because it allowed me to lock in profits and avoid a loss.

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