My trading journey ...
PHASE 1: Finding my trading edge
August 21, 2008
closing a BIG MOVE on forex ( EURUSD)
This is what I call a "BIG MOVE":
Here
is the entry. As you can see the expected risk/reward ratio was 1:3. The actual risk / reward is 1:7.21 due to my "late" exit at 1.4786 meaning a 110.13$/ lot.
Daily view:
1 hour chart:
5 min chart:
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