Daily Archives: June 5, 2009

AUDUSD: 40 Pips Loss

Posted on June 5, 2009 by BL Trading Team

We were once on 56 pips profit after the employment data is out, should have taken profit then. Stop triggered, 40 pips loss. Original trade: Bought AUDUSD at 0.8060 Stop level at 0.8020 Target level at 0.8140

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Extract of our ebook: Our Trading Secret: BL TS System

Posted on June 5, 2009 by BL Trading Team

Forex Traders: The Need to Be Objective It is difficult for Forex traders to realize that the currency market is extremely unpredictable. As new traders spend a long time trying to learn the mechanics of the foreign exchange trade and … Continue reading →

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AUDUSD: Open Buy Trade

Posted on June 5, 2009 by BL Trading Team

Bought AUDUSD at 0.8060 Stop level at 0.8020 Target level at 0.8140

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