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Risk Disclaimer for Trading. Trading can carry a high level of risk without proper guidance, and may not be suitable for all investors. Past performance is not indicative of future results. Nothing on this site should be construed as a trading recommendation. All examples are for illustrative purposes.

Category: Forex Trades

EUR/USD – Moved stop into profit +40 PIPS

Posted on 05/18/202205/18/2022 by Admin in Forex Trades

One possibility was that the pair would continue rallying towards the blue trend line.

It didn’t, and it was decided to lock in 40 PIPS as worst case.

We wouldn’t move this stop lower, only higher based on price action.

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EUR/USD – In Profit With Breakeven Stop Loss

Posted on 05/17/202205/17/2022 by Admin in Forex Trades

There was a nice reaction off of that area, about 160 PIPS

Note: On MT4 (U.S. accounts) – If you have more than one position you can exit one of them with a market order. If you set a stop loss or a take profit order, all positions will be closed.

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EUR/USD – Potential Support

Posted on 05/16/2022 by Admin in Forex Trades

The exchange rate of this pair came close to a long term swing area which led to a reversal.

I am long with a small size and will continue to monitor the price action.

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