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Monday, June 16, 2008

Forex Trading ( Currency Trading) Make Money in Forex . EUR/USD 9:23PM Started Shorting As Explained earlier today.

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Forex Trading ( Currency Trading) Make Money in Forex . EUR/USD 9:23PM Started Shorting As Explained previous post. Started entering at 1.5523 at 9:23PM.


Chart at entry is. Details will follow.

PS: While I was waiting for the image to load up, the pair made a trip to 1.55. Already up a bit more than 20 PIPS in less than 7 minutes. I expect it to react, and retest the high again.

9:31PM: took a 15pips profit.

9:37PM, I am scaling starting at area of 1.5525. Recall my earlier analysis. Strong sellers are in area of 1.5530.

9:47PM: I complete entering 80% of my intended short position. Last entry at 1.5538. I am going to load the char in a few minutes.

Happy trading,

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