Archive for November 29th, 2011

EUR/USD – Profits taken!

November 29 | Posted by yeijen | Forex Trading Analysis and News, Forex Trading Report

Daily Chart
Referring to my previous post, I placed a “sell” order at 1.3430. Upon hitting the purple resistance line, the market went up to 1.34440. That was like -14pips while my stop loss was set at -30pips. My stop loss was NOT triggered and the market went back downwards to 1.3390. That... Read more