I have gone long with a EUR/USD position. I bought it at $1.3394, set my Stop Loss to $1.3364, and my take profit was set to $1.3424.
At the moment the position is down approximately 8 pips.
If you would like more on the strategy behind this position I refer you to Trading Central, a free service for those trading with www.forex.com.
Disclaimer:
Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only. The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.
Forex trading for beginners
ReplyDeletecapital one forex current promotions. 400% Bonus. 400% Bonus in all deposits a bonus will be giving to the client's all deposits; this bonus cannot be lost but can be used as leverage to trade with, the client positions will be closed if the client loses his initial deposit.