Trade Review for February 13, 2007:
Sell at market (around 2960); Stop Loss= 3010; Target= 2900 (Originally posted on February 12, 2007)
Result: -50 pips
Like the title of this blog suggests, grabbin' pips in the Forex markets is easier said than done. This technical analysis blog will allow you to check out how I see currency price action playing out and chart patterns forming in real-time.
This is the true story of one man, picked to live in front of his computer screen and find ways to make money off the Foreign Exchange. See what happens when markets stop being polite, and start being real!
Learn How to Trade Forex. BabyPips.com Is The Beginner's Guide to Forex Trading. Your Best Source for Forex Education on the Web.
Large speculators boosted the value of net long bets on the Greenback yet again. And the latest COT forex positioning report reveals that the Greenback advanced against most of its peers, but mainly at the expense of the Japanese yen. ...Read More