Forex portfolio: Go long EURUSD
Updated
Simple, let's add this trade to our portfolio as well, risk 0.5% on it.
Target 1.14279
Stop: 1.11231
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Good luck!
Ivan Labrie.
Target 1.14279
Stop: 1.11231
If interested in access to my trading signals or tuition services, message me privately.
I'm offering a discount for trading signals and tuition for one year.
Contact me for details.
Good luck!
Ivan Labrie.
Note
Add a 0.25% risk position with the same stop, at market.Note
Trade closed manually
I'm not liking the retracement of post-FOMC action today, I suspect traders will close positions going into the debat and OPEC news so we can probably reenter next week. We will close all FX positions for now. It's better to avoid risk and take a small loss than continue to be exposed to this move. In the long run, it's highly probable that the trades pan out well, but short term distortions in price can cause larger loss than acceptable before the fundamental move pans out.Note
EURUSD broke above resistance, we can look to rejoin the long side soon.
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