In my last post I said that if you did not get a chance to get in at .8550 you would likely get another chance. That level was retested today and since then we have see amove of over 50 pips so once again another example of patience paying off.
I was not in front of my computer when the market struck the 50 level so I did not re-enter but as I said I did enter again around .8575. Will hold out .8680 for profits and if it breaks fairly quickly I may hold on longer than that. Patience discipline and proper leverage is key to success in the forex. I know I say that almost at nausea but it seems that some traders have a hard timefiguring that out 🙂
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
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Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.