Wednesday, 13 June 2012

81 Pips on The Hourly Chart - Euro Dollar Recovering


Today I took several trades but there was one that I really like. I saw this setup on H1 Eur/Usd (Euro Dollar). It appeared that there was no  trend on the higher time frame. The daily is retracing , basically taking a breather from a month of downfall while the H1 is going up and down. So that in mind I took this  trade with a Set Target at 1.26000. When I took the trade I looked at the AIMS Levels to the left and thought it might try touching them. So I was convinced there were 100 pips move available for the day.

During this time while H1 was printing red and green candles M1 was also busy going long and some shorts.

here is the H1 Chart

81 Pips which is equal to 2.66% Account growth! Come and Join Us NOW

Here is a short trade what we Call the Black Dot Trade on EUR/USD M1. 
Also a 1:1 or 1% account growth trade. 

When is it too late or too early to buy a pullback? 

In order to answer this question first ….  Let’s quickly do some repetition. Let’s quickly do some repetition.  Let’s throw in some trading ...