If they calm down enough, when they start moving again, the potential for gain is much greater.
The week's current FirstStrikePlus trade:
- Eur/Usd: Long @ 1.2723, stop 1.2508.
Trading account equity: $1,486.31
Silver position equity: $ -6.00
(Current XAG price: $9.37 – 200 unit position average: $9.40)
TOTAL Equity: $1,479.31
Joel Rensink
www.infiniteyield.com
PS: To receive the FREE! trading rules for the Infiniteyield Forex Challenge ($499 value) and the semi-monthly newsletter about this challenge, send an email to: newsletter@infiniteyield.com and tell me to which address you would like it sent. Please do not use AOL, Hotmail or Yahoo addresses. They've been known to filter out more good mail than actual spam. Try a Gmail address. It's free, simple and perfect for traders!
1 comment:
It sure has been a frustrating few days for trading my hourly breakouts! A few losses, a few breakevens, and no big gains I could really hold on to or pyramid into. Good thing I expected this and didn't get too spoiled by having 1000 pip moves every other day.
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