Forecasting - page 5
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The calendar will be helpful, I use forexfactory only right now and I wait for a flat market to make my predictions
And also my EURUSD position closed with profit
This Trade:
+36 pips
Total:
+303 pips
I will be trading the EURUSD very soon, In about an hour I will open two trades.
I will basically do a break out system, I'm almost sure that it will be going up as the Dollar falls but with news it could be going crazy. I'm still trying to figure out where to put my stop loss and take profit
Sell EURUSD at 1.2700
Take Profit at 1.2650
Stop Loss at 1.2715
Buy EURUSD at 1.2700
Take Profit at 1.2750
Stop Loss at 1.2685
Double lots on Limits (this will mean i count double pips whether i win or lose on them)
Sell Limit EURUSD at 1.2680
Take Profit at 1.2665
Stop Loss at 1.2700
Buy Limit EURUSD at 1.2720
Take Profit at 1.2740
Stop Loss at 1.2700
These should expire at 19:00 GMT
UPDATE: Metrader/InterbankFX isn't letting me put my buy limit because of "invalid S/L or T/P"
Im guessing they disable it before big news? but theres still roughly 30 minutes left... I even put no stop loss and no take profit and still invalid..
hmmmm
im guessing this is interbank
Wow... just wow... i really thought it would only go one way and go far... hit both stop losses withing the first 10 minutes after the news was released..
This Trade:
-15 pips
-17 pips
Total:
+271 pips