Tuesday, August 11, 2009

New Trade

My Gold trade has not been triggered yet, but I did just go short the EUR/USD. The charts show continued equity weakness and I think this pair will follow along. I try to implement techniques I learn from other traders e.g. Bob Iaccino, and this one has a superb risk/reward.

Entry= 1.4156
T1= 141.09
Stop= 141.86

2 comments:

  1. Me too, but without a stop for now.

    ReplyDelete
  2. Did you set yourself a target? If I add more to this, I might look at 1.41275 as my new target.

    ReplyDelete