Ryan's Review 9/2/2010 (EURUSD)

Published on Thursday September 2nd, 2010 at 02:22PM by buruguduy

Wasn't such a good day of trading compared to yesterday, but it's okay. This day puts me back to slightly above break even from the start of the week. Here's a rundown of the trades I took in EURUSD.



1.)  Long at Asian session lows

With the ECB decision and NFP coming up, I went with the good ol' range plays again. This first trade was a really good one, but I wasn't able to capitalize as much as I wanted to! It could've been the trade that made my week...

2.) Short at Asian session highs

This did not work out so well. I got stop hunted (I think) when I entered when price quickly jumped up and went down.

3.) Thinking it was a fake out, I shorted again..

Only to be stopped out again! This time it was a true breakout and price rallied all the way to 1.2750.

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