Daily Archives: March 20, 2009

EURUSD: 90 Pips Profit

I had closed my position at 1.3582, 90 pips profit. But since I had only traded at 1/3 of my usual contract size, effectively my profit is 30 pips. Original trade: Shorted EURUSD at 1.3672 Stop level at 1.3820 Target … Continue reading

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EURUSD: Open Short Trade

Shorted EURUSD at 1.3672 Stop level at 1.3820 Target level at 1.3523 As the stop is very wide, I had reduced my contract size by 1/3. So if this trade reaches the target level, my effective profit is only 49 … Continue reading

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