Added: May 1, 2010
From: Forexswanky
Duration: 10:7
A very very tough week this week, you really needed your head on the right way and focus. The markets were very volatile, after news came out that Greece needs 120 billion, Spain & Portugal got downgraded, and everyone ran to the Dollar & Gold for cover.A big part of being a successful trader is knowing when to stay out. We took the pips from the Euro on Tuesday + Wednesday but stayed out for the rest for the week, price did not come back to get us in at logical levels, instead it chopped around. We made a lot of pips this week, but it was tough. We got in on the highs for Shorts and in low for the longs. I hope you got a lot of the trades that hit our levels.This is not a signal service, it is to show you how to find logical levels to enter trades and what to look for.Its a bank holiday here so time to spend with the family. Have a great weekend and will post outlook for Tuesday on Monday night (Bank holiday here and my wife would not forgive me if I did not turn off the PC!)Have a great weekend
Channel: Education
Tags: forex review gbp/usd euro/usd support break fibonacci pullback 5ema 21ema m1 s2 double bottom retest risk management role reversal london newyork
Rating: 5.0' max='5' min='1' numRaters='1' rel='http://schemas.google.com/g/2005#overall ( ratings) Views: 144 Comments: 0
