Hello again my friends,
Today was a tricky day as I suspected. Fridays are always tricky so if you are not experienced better get out and have some fun than trading :D
Here is the chart for today's trade:
Entry point: 107.79 SELL Order with 2 lots
SL: 107.87 + 10 pips + 0 spread = 107.97 (never reached)
Time of trade: Approx. 15 mins
Target hit: 107.69
Profit: 10 pips x 2 lots x $10 per pip = $200
That was all for today, always be careful for those retraces (as you can see in the picture, price jumped back in RegChannel)
Have a nice weekend !
Happy PIPpin' !
2 comments:
Hi, impressed with your sharing here..
could you recommend some good forex trading platform?
rgds,
Kev
Hello Kev, I am using MigFX platform. You can download it from metaquotes website for free and get a free demo account. For trading I suggest using the broker that takes commission for each trade and give you 0-1 spread than those who steal from your account using large spreads. Bad brokers are those who give you on EUR/USD, GBP/USD and USD/JPY 4 or more pips spread. Recently I discovered that ClubFx has 2 platform, one that gives you 0 pips spread on main pairs and take comission and one platform that is using spreads and no commision (spreads from 2-3 pips on main). Take care.
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